Analysis Group Principal Almudena Arcelus Interviews Affiliate Luis de la Calle on Mexico's Antitrust Reforms in Global Competition Review
November 16, 2017
In an article published by Global Competition Review, Analysis Group Principal Almudena Arcelus interviewed affiliated expert Luis de la Calle on the likely impact of Mexico's recent Competition Constitutional Reform – which created autonomous regulators and vested them with increased powers to combat anticompetitive behavior related to antitrust regulation and enforcement.
Mexico recently reformed its competition system, creating two new enforcement agencies: the Federal Economic Competition Commission (COFECE) and the Federal Institute of Telecommunications (IFT). As Dr. de la Calle notes, this new regulatory and institutional framework draws heavily from the experience of more mature jurisdictions such as the US. Accordingly, US firms looking to do business in Mexico can expect antitrust laws and enforcement that are similar to what they experience at home. Dr. de la Calle also suggests that, as Mexican regulators gear up to face concentrated markets dominated by strong players, both anticompetitive behavior and merger review are likely to become technically more sophisticated.