Mexico: February 2021 Competition Currents

Friday, February 5, 2021
COFECE fines “Eco Comercializadora” for false statement during probe of cartel conduct in gas service stations in Baja, California.
The Mexican Federal Economic Competition Commission (COFECE) determined that “Eco Comercializadora” (EC) made false statements while being investigated for cartel conduct in the gasoline marketing industry in several municipalities. COFECE fined the company 9,873,000 pesos (US$450,000.00).
In August 2020, COFECE fined several companies and individuals for colluding in the gasoline marketing industry in the same geographic areas. Upon review of several filings, COFECE noticed an inconsistency between the information provided by EC during the probe and the information provided by Grupo Eco (the economic interest group of which EC is a part) during a follow-up procedure.

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