The Mexican Competition Authority sanctions five economic agents for gun jumping in the financial sector (Banco Invex / Institución de Banca Múltiple / INVEX Grupo Financiero / Neology)

Competition Authority, Mexican

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5 Aug 2022

The Mexican Competition Authority sanctions five economic agents for gun jumping in the financial sector (Banco Invex / Institución de Banca Múltiple / INVEX Grupo Financiero / Neology)

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Reference

Mexican Competition Authority, Banco Invex / Institución de Banca Múltiple / INVEX Grupo Financiero / Neology, Press Release, 5 August 2022

Cofece sanctions five economic agents for not notifying a concentration* The Commission imposed fines for a total amount of 1 million 884 thousand 966 Mexican pesos The concentration was authorized after verifying that it does not affect competition and free market access. Mexico City, August 05, 2022.- The Federal Economic Competition Commission (Cofece or Commission) sanctioned Banco Invex, S.A.,

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Mexican Competition Authority
Mexican Competition Authority (Mexico City)

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Quotation

Mexican Competition Authority, The Mexican Competition Authority sanctions five economic agents for gun jumping in the financial sector (Banco Invex / Institución de Banca Múltiple / INVEX Grupo Financiero / Neology), 5 August 2022, e-Competitions Gun jumping, Art. N° 108336

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