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Competition and Antitrust News

2024


01

November 01, 2024

Competition and Antitrust

Newsflash - COFECE publishes Study on Competition in Digital Financial Services

On October 21, COFECE published a study on the Mexican financial sector, whereby it analyzed the impact of digital financial services (“DFS”) on the conditions of competition and free concurrence in the savings, credit and payment markets, considering that they have an important impact...

14

October 14, 2024

Competition and Antitrust

Newsflash - COFECE identifies a potential barrier to competition in the corn flour market in Mexico

Pursuant to the “EXTRACT of the Preliminary Findings in Case File IEBC-004-2022 issued on September twenty-seven, two thousand and twenty four” (EXTRACTO del dictamen preliminar del expediente IEBC-004-2022, emitido el veintisiete de septiembre de dos mil veinticuatro) (the...

11

October 11, 2024

Ritch Mueller

Newsflash - Constitutional Reform on Indigenous Peoples’ Consultation

On September 30, 2024, a reform of Article 2 of the Political Constitution of the United Mexican States regarding the rights of indigenous and Afro-Mexican peoples and communities (the "Reform"), was published in the Official Gazette of the Federation, which Reform entered into force on October...

12

September 12, 2024

Ritch Mueller

Ritch Mueller - New Partner Announcement: Alejandro Santoyo

Ritch Mueller is pleased to announce the addition of Alejandro Santoyo as a new partner of the firm in the tax practice area.Alejandro has more than 30 years of experience as one of the most recognized tax advisors in the market, with a special focus on the financial industry. He has provided tax...

11

September 11, 2024

Ritch Mueller

Newsflash - Constitutional Reforms to the Judiciary Branch

As we informed in a previous Newsflash, on February 5, 2024, President López Obrador submitted a package of constitutional reform initiatives, including a radical reform to the judiciary branch (the “Reform”). As required by the Constitution, the Reform was first discussed and...

16

April 16, 2024

Ritch Mueller

Ritch Mueller wins in four categories in The Legal 500 Mexico Awards 2024

On April 16th, the second edition of the "Legal 500 Mexico Awards" took place at the Hyatt Regency Hotel in Mexico City, bringing together over 300 professionals from the Mexican legal community to recognize law firms, lawyers, and in-house legal teams that excelled during 2023 We are proud to...

15

February 15, 2024

Competition and Antitrust

Newsflash - COFECE identifies potential barriers to competition in the retail e-commerce market

Pursuant to the “EXTRACT of the Preliminary Findings in Case File IEBC-001-2022, issued on February six, two thousand and twenty four” (EXTRACTO del Dictamen Preliminar del Expediente IEBC-001-2022, emitido el seis de febrero de dos mil veinticuatro) (the “Preliminary...

10

January 10, 2024

Environmental and Social Impact
Competition and Antitrust
Mergers and Acquisitions
Tax

The Mexican bluefin tuna producer Baja Aqua-Farms secures a significant investment with the support of Ritch Mueller

Ritch Mueller represented the investor consortium formed by Continental Grain Company, Organización Cultiba, Equity Group Investments, and Castle Harlan, in the acquisition of a majority stake in Baja-Aqua Farms and its subsidiaries, a leading company in the Bluefin tuna aquaculture...

2023


25

September 25, 2023

Competition and Antitrust

Newsflash - COFECE identified barriers to competition in the card payment processing market

Find out about the 3 barriers that COFECE considers have contributed to the exclusion of companies in the field of card payment processing. Learn about the recommendations that COFECE made to BANXICO and CNBV, as well as the order it issued to PROSA and GLOBAL.Pursuant to the "Summary of the...

26

July 26, 2023

Competition and Antitrust

Newsflash - Mexican Supreme Court invalidates Advertising Law

What was the purpose of the Advertising Law?  Prevent media agencies from acquiring advertising space for their own account, requiring that they may only do so in the performance of a contractual mandate granted by a client; Require media agencies to transfer any discounts obtained from...

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