Mexico's Tough New Approach To Antitrust Enforcement

Law360, New York (June 6, 2011, 2:45 PM EDT) -- On May 10, Mexico's President Felipe Calderón signed into law various reforms to Mexico's Federal Law on Economic Competition,[1] which he touted as providing a "robust" legal framework for an "attack" on anti-competitive conduct.[2]

The president explained that these reforms give Mexico's competition authority, the Federal Competition Commission, or CFC, expanded powers and "teeth" to sanction companies involved in anti-competitive practices.[3]

The words of the statute certainly confirm the president's claim. The main reforms include (1) introducing new types of conduct deemed anti-competitive under the law; (2) instituting criminal penalties and increasing sanctions for anti-competitive conduct; (3) expanding the CFC's tools...

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