The Federal Economic Competition Commission’s (COFECE or Commission) Investigative Authority published today in the Federal Official Gazette (DOF) and on the Commission’s website the extract of the notice of initiation of investigation ex- officio for the probable commission of absolute monopolistic practices in the market for highway maintenance, slope stabilization and/or protection of the road segment from the city of Cuernavaca to Acapulco.
The Investigative Authority mentioned this is the first probe to the market related to public works contracting in the country.
According to the Ministry of Tourism’s estimates, Acapulco received 6.5 million tourists in 2017, placing it as the second most important tourist destination in Mexico, after Cancun. Considering this, the vehicle capacity of this highway stretch is one of the most utilized nationally. During the 2017 winter vacation season, 37 thousand vehicle crossings per day were registered.
Full Content: La Jornada
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI