The Mexican Competition Authority fines tortilla-producing associations for price-fixing and market sharing (Unión Palenque / Unión Flor de Maíz / Asociación de la Industriade la Masa)

COFECE sanctions 5 natural persons and 3 tortilla-producing associations for price fixing and the segmentation of the corn tortilla market in the municipality of Palenque, in the state of Chiapas* • The sanctioned economic agents fixed prices per kilogram of tortilla in a range of 10 to 17 Mexican pesos; prices were publicly advertised in tortilla mills and points of sale or shops. • Market segmentation consisted in agreements of minimum distances between shops and blocking new stores from opening. • The sanctioned conduct negatively affected local consumers, who paid higher prices for the staple food. Mexico City, July 22, 2019.- The

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Mexican Competition Authority, The Mexican Competition Authority fines tortilla-producing associations for price-fixing and market sharing (Unión Palenque / Unión Flor de Maíz / Asociación de la Industriade la Masa), 22 July 2019, e-Competitions Bulletin July 2019, Art. N° 91180

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