Investigators at Mexico’s Federal Commission of Economic Competition (COFECE) gave notice of the launch of an investigation over possible monopolistic practices in the marketing, storage and transportation market forpetroleum products in Mexico, as well as related services.
The watchdog pointed out that petroleum products are fundamental for the country’s economy, since its price and availability have effects that affect all other productive sectors.
COFECE also noted its responsibility to ensure the proper functioning of the market “before the transition in the energy markets” to ensure that the supply of these resources occurs under the best possible conditions, in a competitive environment that offers consumers various supply options .
Since the 2013 energy reform opened the fuel markets, COFECE has initiated several investigations into relative and absolute monopolistic practices, as well as illicit mergers between oil and LP gas entrepreneurs.
Full Content: El Economista
Featured News
FTC to Approve Exxon’s $64 Billion Deal with Pioneer Resources, Excludes
May 1, 2024 by
CPI
UK Competition Watchdog Raises Alarm Over Nvidia’s ARM Takeover
May 1, 2024 by
CPI
Sen. Klobuchar Urges Regulators to Probe Collusion in Health Care Pricing
May 1, 2024 by
CPI
Multiple States Join Tennessee’s Antitrust Lawsuit Against NCAA Over NIL Rules
May 1, 2024 by
CPI
NY AG Joins Suit Challenging NCAA’s Restrictions on Student Athlete NIL Rights
May 1, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI