Displaying items by tag: Federal Economic Competition Commission

Cemex fined US$89,000 for omitted transactions

21 June 2022

Mexico: The Mexican Federal Economic Competition Commission (COFECE) has fined Cemex US$89,000 for failing to notify it of a transaction that exceeded the threshold for notification. COFECE also approved the transaction in question.

Cemex has the right to seek legal recourse against the fine.

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