The independent Mexican competition law regulator, COFECE, has been abolished and absorbed into the Ministry of Economics. What does this mean for merger control and competition law enforcement in Mexico? Lucia Ojeda Cárdenas, lawyer at SAI Law & Economics in Mexico City, joins Matthew Hall and Subrata Bhattacharjee to discuss this dramatic reform to the Constitution of Mexico. Listen to this episode to learn more about the timing of the changes, the structure of the new agency and implications for Mexican and foreign companies operating in the country.
With special guest:
Lucia Ojeda Cárdenas, partner, SAI Law & Economics
Related Links:
SAI memo November 2024, Bill to eliminate various autonomous constitutional agencies, including COFECE
COFECE press release November 2024, Position regarding the approval of the reform on organic simplification
COFECE position paper regarding the reform
COFECE position paper regarding the transition to the new competition authority
IFT position paper regarding the reform
IFT position paper regarding the budget assigned by Congress
Congress of the Union, Decree whereby various provisions of the Political Constitution of the United Mexican States are reformed, added, and repealed, in organic simplification matters
Hosted by:
Matthew Hall, McGuireWoods London LLP and Subrata Bhattacharjee, Borden Ladner Gervais LLP