Mexico: COFECE investigates possible monopolistic practices between competitors in the industrial gases market

Date: January 28, 2022

Source: Global Compliance News

On 5 January 2022, the Investigating Authority of the Federal Economic Competition Commission (COFECE) published notice of an investigation, file IO-001-2021, for the alleged anti-competitive conduct of horizontal monopolistic practices in the market for integration, installation, maintenance and commercialization of equipment, accessories and spare parts for the use of industrial gases in Mexico.

This market is related to the infrastructure necessary to use industrial gases, which are used in different sectors, such as the energy, health, food, and chemical industries, as well as the construction and production of electronics, among others.

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Pelosi pushes to keep tech’s legal shield out of trade agreement with Mexico and Canada

12/05/19 – CNBC

By Lauren Feiner

House Speaker Nancy Pelosi, D-Calif., is pushing to keep a key legal shield for tech companies out of a new trade agreement with Mexico and Canada. The Wall Street Journal first reported the news on Thursday.

The effort could throw a wrench into progress Congress seemed to be making on the pact and would be a blow to tech companies who already fear losing the legal protection within the U.S. Just last week, Pelosi said House Democrats were “within range” of reaching a pact they can support for the United States-Mexico-Canada Agreement, or USMCA, which would replace NAFTA.

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Mexican business council blasts ‘unilateral’ labor reform push

12/02/19 – Reuters

By David Alire Garcia and Lizbeth Diaz

Mexico’s main business lobby sharply criticized a ruling party senator for what it described as a “unilateral” move to schedule a Tuesday vote on a labor reform that it described as a ban on subcontracting.

The Business Coordinating Council (CCE) said in statement issued late on Monday that Sen. Napoleon Gomez, a member of leftist President Andres Manuel Lopez Obrador’s MORENA party, had scheduled a committee vote on the measure without any dialogue with business leaders.

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Arizona-Mexico trade relationship continues to boost border economies

12/02/19 – Chamber Business News

By Graham Bosch

Mexico is Arizona’s top trading partner, accounting for about 30 percent of the state’s exports to foreign markets, according to an extensive ongoing study by the Eller College of Management at the University of Arizona.

With that in mind, it’s no wonder that business leaders, trade experts and economists agree the cross-border relationship is of the utmost importance to Arizona when it comes to trade, manufacturing, education, safety, tourism and more.

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Mexico’s Clean Energy Sector Gets Renewable Credit Win

11/29/19  – Bloomberg

By Justin Villamil

Mexico’s clean energy industry was handed a big win on Thursday after a federal court reversed an earlier decision on a renewable credits rule change that critics said would have been damaging to the sector.

After clean energy companies, including American power generator AES Corp. and Italian utility giant Enel SpA, filed for injunctions in courts across Mexico, a federal judge in Mexico City reversed a lower court decision of the rule change on Thursday, according to people familiar with the case who asked not to be identified as the information isn’t public.

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Mexico Has a Productivity Problem

11/18/19 – Bloomberg

By Eric Martin

Walk down the side-streets just off Mexico City’s iconic Paseo de la Reforma boulevard, and you’ll see dozens of examples of something that is holding back growth: the informal economy.

Workers on the taco carts or shoe-shine stands don’t pay taxes, foregoing the benefits of a social safety net. And they often sit idle for most of the day.

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U.S. House Speaker seeks to pass Mexico, Canada trade pact this year

11/14/19 – Reuters

By Richard Cowan

U.S. House Speaker Nancy Pelosi on Thursday said a breakthrough in talks with the Trump administration on the trade pact with Mexico and Canada could be imminent and that she wanted to pass the deal by the end of the year.

“We are moving positively in terms of the U.S.-Mexico-Canada agreement. Again, it all comes down to … enforcement,” she told reporters at a news conference “I do believe that if we can get this to the place it needs to be, which is imminent, that this can be a template for future trade agreements.”

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U.S., Mexico, Canada are worlds apart for dairy farmers; here are the major differences and how the dairy industry works in each country

Photo by Matthis Volquardsen on Pexels.com

10/18/19 – Milwaukee Journal Sentinel

By Rick Barrett

Wisconsin farmers are not alone in facing the dairy crisis. But farmers in Canada and Mexico — the nation’s two largest dairy trading partners — are experiencing global trade forces differently.

Operating in a protected system, dairy farmers in Canada benefit from stable milk prices. Those in Mexico, though, have struggled amid a wave of imports from the U.S. Here’s a look at the diary industry in the three countries.

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Emirates says airline can still fly to Mexico, despite court ruling

10/13/19 – Reuters

By Alexander Cornwell and Daina Beth Solomon

Emirates still has the right to offer flights to Mexico City, the Dubai state-owned carrier said on Sunday, after Mexican airline Aeromexico disputed an agreement between the United Arab Emirates and Mexico.

Emirates said earlier this year it would start daily flights to Mexico City International Airport via Barcelona in December, the airline’s first service to Mexico.

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Mexican president heaps fresh scorn on predecessor’s oil reform

 

09/24/19 – Reuters

By Adriana Barrera & Ana Isabel Martinez

A sweeping oil reform enacted several years ago in Mexico came under fresh attack from President Andres Manuel Lopez Obrador on Tuesday, as he dismissed it as a giveaway that has yielded no additional output from new private entrants into the market.

The president also appeared to dampen speculation from some business-friendly advisers that he will re-authorize auctions open to private producers as a way to pump more oil.

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