Shootout At The Mexican Competition Commission

Law360, New York (October 12, 2011, 5:03 PM EDT) -- 2011 has been an eventful year at the Mexican Federal Competition Commission (CFC): in April, it imposed a billion-dollar fine on the incumbent wireless phone company (TELCEL); in May, the Mexican Congress passed 76 amendments to the Federal Law of Economic Competition (LFCE), granting new powers to the CFC, reshaping both its structure and its operation, and making its decisions contestable; in June, the president of the commission was recused from voting on TELCEL's appeal by his colleagues; in September, a new commissioner was named. The cumulative effect is that competition policy is at a tipping point....

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