The Mexican Competition Authority fines companies involved in 2 merger cases for failure to notify a concentration (Santander / USB Americas / KKR Rainbow Aggregator / Coty)

COFECE imposed fines in two cases for failure to notify a concentration: Santander and USB Americas; and KKR Rainbow Aggregator and Coty* COFECE fined diverse subsidiaries of Santander, Elavon and USB Americas a total of 2 million 172 thousand Mexican pesos because they modified the non-competition clause originally notified and authorized. In the second case, COFECE fined KKR

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Mexican Competition Authority, The Mexican Competition Authority fines companies involved in 2 merger cases for failure to notify a concentration (Santander / USB Americas / KKR Rainbow Aggregator / Coty), 10 août 2020, e-Competitions August 2020, Art. N° 96366

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