In the nineteenth century, John Stuart Mill stated that societies are economically successful when they have good economic institutions, and that it is these institutions that lead to prosperity. History has proved him right as both theory and the empirical evidence show that differences in economic institutions strongly explain the …read more
On July 7, 2014 the new Mexican Economic Competition Law came into force; this is legislation that replaces the antitrust law enacted in 1992 as one of the commitments made by the Mexican Government to sign the North America Free Trade Agreement with the United States and Canada. The …read more
On July 7, 2014, a New Federal Economic Competition Law (the “New Mexican Antitrust Law”) came into force in Mexico.
The New Mexican Antitrust Law maintains most of the concepts and provisions of the Mexican Antitrust Law in force since 1993, while strengthening the Federal Economic Competition Commission (“Cofece” per its …read more
Competition authority decisions reviewed by sluggish courts—this is the fate of competition policy in several Latin American countries. Competition authorities in Brazil, Chile, and Mexico, among others, have made impressive progress in building technical capabilities, consolidating their bureaucracy, and even, in some cases, improving their competition law. Yet ultimate enforcement …read more