The Mexican Competition Authority fines two merging parties for gun jumping but approves merger due to no competition concerns (SoftBank / WeWork)

Competition Authority, Mexican

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21 Apr 2020

The Mexican Competition Authority fines two merging parties for gun jumping but approves merger due to no competition concerns (SoftBank / WeWork)

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Reference

Mexican Competition Authority, SoftBank / WeWork, Press release, 21 April 2020

COFECE sanctions SoftBank and WeWork for failing to notify a concentration and authorizes the transaction* Fines amounting to 3 million 379 thousand 600 Mexican pesos were imposed. The concentration is authorized as it is considered that it does not pose risks to competition and free market access. The Board of the Mexican Federal

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Mexican Competition Authority
Mexican Competition Authority (Mexico City)

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Citation

Mexican Competition Authority, The Mexican Competition Authority fines two merging parties for gun jumping but approves merger due to no competition concerns (SoftBank / WeWork), 21 avril 2020, e-Competitions April 2020, Art. N° 94780

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