WCD Regional Institute LATAM (in Spanish)

During the WCD Regional Institute LATAM 2025, Lorenzo González and our partner Beatriz Leycegui had an in-depth conversation about how international trade is reshaping the landscape for companies in Latin America.

Leycegui, Beatriz: Mexico-US, agreeing to disagree (in Spanish)

In free trade agreements, the agreed obligations are as important as the dispute settlement mechanisms (DSM) to be exercised in case of non-compliance. Some may consider that agreeing on the DSM during the trade negotiation is as anticlimactic as talking about divorce during a wedding sermon (Reisman and Weidman). However, having these mechanisms, which result […]

Government overlooks COFECE authorisation to regulate LPG prices

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)

Business of sports under COFECE ruling on Mexican football league case

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).