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Fuel Market

Mexico: Pemex fined USD $20 million for noncompliance in fuel practices
 |  Jun 12, 2017

Mexico’s antitrust watchdog has fined a division of state-owned oil company Pemex for failing to establish a competitive fuel market, the agency said on Monday. Pemex’s Industrial Transformation unit, responsible for a range of refining and transport activities, was fined nearly 369 million pesos ($20.3 million) for the “possible commission of a monopolistic practice… in […]

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