We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Competition Agency Suspects Tortilla Price-Fixing

Law360 (January 11, 2007, 12:00 AM EST) -- As tortilla prices rise in Mexico to previously unseen levels, the nation’s competition watchdog said Thursday it would begin an investigation into possible industry price-fixing.

Among other things, the Federal Competition Commission will review whether companies are restricting the amount of goods they offer and whether they are dividing markets between themselves.

“Recent reforms to the Competition Law give us better tools to investigate and sanction monopolistic practices in the corn tortilla industry,” said Eduardo Pérez Motta, the Commission’s president. “If we detect monopolistic practices, we’ll...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.