Presencia

In the past few months, prices of LPG have risen to an all-time high. According to data reported by the Energy Regulatory Commission (CRE), the average price of liquefied petroleum gas (LPG) in June 2017 was 8.77 pesos ($0.43) per litre, while the average price in June 2021 was 12.94 pesos ($0.64).(1) In light of this, the Federal Economic Competition Commission (COFECE) launched an ongoing investigation(2) on 31 May 2021 to determine whether effective competition conditions exist in the LPG market. COFECE is also investigating possible anticompetitive behaviour in the market(3) similar to its previous studies, which provided multiple recommendations to promote competition in the market.(4)

On 2 September 2021,(1) the Mexican Economic Competition Commission (COFECE) imposed fines on 17 football clubs from the Mexican league, including the Mexican Football Federation (FMF) and eight individuals, for incurring in monopolistic practices (cartels) in the men's and women's football players' draft market.(2) The total amount of the imposed fines was 177.6 million Mexican pesos ($8,637,506.74).

The Federal Economic Competition Law (FECL)(1) considers a concentration to be any act between economic agents by which control is acquired or companies or assets are united. This concept includes acts that do not necessarily mean obtaining control through shareholding or transference of assets or shares but have similar effects.

The Investigative Authority of the Federal Economic Competition Commission (COFECE) have fined the numerous actors involved in a case of collusion in the pharmaceutical sector, in which agreements had been made to manipulate the supply and pricing of medical products. In an unprecedented move, COFECE also disqualified 10 executives involved in the collusion. Their actions are considered to have done great financial damage to the public treasury and low-income families.