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March 2024
Frontpage
Competition advocacy
Recommended reading
FRONTPAGE
Cofece proposes key actions so that Mexicans can buy better quality beef at lower prices
Cofece proposes key actions so that Mexicans can buy better quality beef at lower prices
The Federal Economic Competition Commission (Cofece or Commission) published a study that analyzed the conditions of competition and free market access in the markets for the production, distribution, and retail of beef. As part of the new phase of competition policy, the Commission recommended the implementation of several actions to eliminate regulatory obstacles, modernize production, and encourage informed consumption, so that, based on a more competitive market, Mexican families can have access to higher-quality meat at better prices.
This study proposes a series of key actions to facilitate the participation of more beef producers, distributors, and retailers, to increase supply and improve price and quality for the benefit of consumers.
COMPETITION ADVOCACY
Cofece and international agencies join efforts to strengthen their technological capabilities in the face of the digitalization of the economy
On March 25 and 26, representatives of Cofece participated in the International Competition Network’s Technologist Forum alongside more than 20 international competition and consumer protection authorities: Germany, Australia, Canada, Brazil, Spain, France, Japan, Malaysia, the United Kingdom, and the European Union, among other jurisdictions.
This Forum was organized by the International Competition Network and the U.S. Federal Trade Commission with the objective of promoting technological development and digital capabilities of competition authorities in the face of a changing economic environment.
On March 25 and 26, representatives of Cofece participated in the International Competition Network’s Technologist Forum alongside more than 20 international competition and consumer protection authorities: Germany, Australia, Canada, Brazil, Spain, France, Japan, Malaysia, the United Kingdom, and the European Union, among other jurisdictions.
This Forum was organized by the International Competition Network and the U.S. Federal Trade Commission with the objective of promoting technological development and digital capabilities of competition authorities in the face of a changing economic environment.
Cofece promotes competition policy with a collaboration agreement with CONCANACO SERVYTUR
As part of the efforts to promote and encourage the new era of economic competition policy among all sectors of society, Cofece signed a collaboration agreement with the Confederation of National Chambers of Commerce, Services and Tourism (CONCANACO SERVYTUR) within the framework of the International Nearshoring Congress, which will strengthen and promote a culture of competition among its member chambers and companies.
As part of the efforts to promote and encourage the new era of economic competition policy among all sectors of society, Cofece signed a collaboration agreement with the Confederation of National Chambers of Commerce, Services and Tourism (CONCANACO SERVYTUR) within the framework of the International Nearshoring Congress, which will strengthen and promote a culture of competition among its member chambers and companies.
Cofece and the Government of Jalisco promote economic competition policy in the state
Derived from the collaboration agreement between the Commission and the state of Jalisco for the benefit of its population and productive activity, several activities with the public, academic, and private sectors of the state have been carried out.
These activities, meetings, and working sessions held under the collaboration agreement have made it possible to define specific and clear lines of action to fulfill the objective of promoting the new phase of the competition policy to generate tangible results for the population and the state's businesses.
Derived from the collaboration agreement between the Commission and the state of Jalisco for the benefit of its population and productive activity, several activities with the public, academic, and private sectors of the state have been carried out.
These activities, meetings, and working sessions held under the collaboration agreement have made it possible to define specific and clear lines of action to fulfill the objective of promoting the new phase of the competition policy to generate tangible results for the population and the state's businesses.
Cofece participates in the presentation of the “Artificial Intelligence Panorama in Mexico: towards a National Strategy and the Relevance of the Sandbox” report
On March 7, the presentation of “Artificial Intelligence in Mexico: towards a National Strategy and the Relevance of the Sandbox”, a report prepared by the Mexican Academy of Cybersecurity and Digital Law and funded by the British Embassy in Mexico, took place. This report seeks to offer strategic recommendations that will serve as a basis for the elaboration of a National AI Strategy.
Cofece will continue working in coordination with all decision makers involved so that, through agile regulatory solutions that promote competition, new technologies such as Artificial Intelligence become an engine for development, innovation, and economic inclusion in Mexico.
On March 7, the presentation of “Artificial Intelligence in Mexico: towards a National Strategy and the Relevance of the Sandbox”, a report prepared by the Mexican Academy of Cybersecurity and Digital Law and funded by the British Embassy in Mexico, took place. This report seeks to offer strategic recommendations that will serve as a basis for the elaboration of a National AI Strategy.
Cofece will continue working in coordination with all decision makers involved so that, through agile regulatory solutions that promote competition, new technologies such as Artificial Intelligence become an engine for development, innovation, and economic inclusion in Mexico.
RECOMMENDED READING
Crecimiento económico, distribución del ingreso, inflación y política de competencia
This paper, authored by Commissioner José Eduardo Mendoza Contreras, seeks to explain the relationship between competition policy and economic growth, how competition policy can improve income distribution, and the relationship between competition policy and inflation; it also explores whether competition policy has instruments for inflation control.
BY THE NUMBERS
BY THE NUMBERS
In March, the Commission processed 101 matters, of which 55 were related to concentrations, 30 to procedures for monopolistic practices and unlawful concentrations, 6 to special procedures, and 10 to opinions on bidding processes, concessions, or permits.
Complaints, investigations, and trial-like procedures
- 1 complaint for anticompetitive conducts was received, which was added to the 4 pending from the previous period. Of these, 2 were deemed as not filed, therefore at the end of the period, 3 complaints remain under analysis.
- Follow-up was given to 15 investigations for monopolistic practices pending at the beginning of the period.
- Follow-up was given to 10 trial-like procedures for monopolistic practices and unlawful concentrations.
- Follow up was given to 3 procedures at the investigation stage and 1 in Stage II to determine the existence of essential facilities and barriers to entry.
Concentrations
- 55 concentrations were analyzed, of which 17 were notified during the period and 38 were in process at the beginning of the period. During the month, 7 concentrations were authorized, and 1 was dismissed due to information not submitted. At the end of the period, 47 mergers are still under analysis.1
- The amount of authorized transactions is $16,015.7 million Mexican pesos.
Amparo trials
- During March, the Judicial Power resolved 5 amparo trials, of which 1 was granted, 1 was denied and 3 were dismissed.2 At the end of the period, 401 trials were still in process, of which 355 correspond to economic competition matters.