Mexico’s anti-monopoly commission says it has begun a formal investigation into possible monopolistic practices in wholesale and retail goods distribution and sales, a probe that that appears to involve Wal-Mart’s Mexican subsidiary.
MEXICO CITY — Mexico’s anti-monopoly commission said Thursday it has begun a formal investigation into possible monopolistic practices in wholesale and retail goods distribution and sales, a probe that appears to involve Wal-Mart’s Mexican subsidiary.
While the Federal Economic Competition Commission did not identify its target, Wal-Mart de Mexico told investors earlier this week that it had been notified of an investigation involving the company in exactly those areas.
It was not clear what the supposed practices involved, but as Mexico’s largest retailer, Wal-Mart has significant leverage with suppliers.
The company said it has acted in accordance with Mexican laws and will defend itself.
Source: ABC News
Comments
more recommended stories
Four of Canada’s main airlines have said they will suspend travel to Cancun until JuneCancun, Q.R. — Four of Canada’s.
Man arrested for robbery is now implicated in Umán’s femicideMérida, Yucatán (April 19, 2021).- The.
INAH workers demand better working conditions at archaeological sitesMembers of the SNDTSC requested tools.
The danger of handing over your biometric data over a cell line. Mérida, Yucatán (April 19, 2021).-.
Now AMLO threatens to cancel the gas pipelineThe Mexican Government intends to revoke.
US TERROR weekend: nine KILLED in shootings across the countryThis weekend was literally “very violent” in the U.S., and.
NASA’s helicopter Ingenuity successfully completed its historic first flight over Mars(CNN)The Ingenuity helicopter has successfully completed.
AMLO plans to pitch Biden regional migration proposal based on a tree-planting projectMexico’s president will propose a regional.
Twice as many Central American migrants were detained by Mexico during 2020Mexico’s government has ramped up the.
European Union Ambassador admits business concern over AMLO reformsGautier Mignot, the new EU ambassador.
BUSQUE A UN MÉDICO
Leave a Comment