Mexico Antitrust Watchdog Opens Probe Over Gov't Bonds

Law360, New York (April 19, 2017, 5:48 PM EDT) -- Mexico’s competition authority said Wednesday that it has an ongoing probe over possible anticompetitive practices related to the sale of government-issued debt securities.

The Comisión Federal de Competencia Económica, or COFECE, said it’s investigating the possibility of monopolistic practices by intermediaries in the market for debt securities issued by the Mexican government. Authorities didn’t disclose the names of any of the entities being looked at, but the bonds can be purchased through brokerages and other financial institutions.

COFECE said it actually opened the investigation on Oct....
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.