COFECE sanctions passenger transportation companies in the state of Chiapas for absolute monopolistic practices* The Federal Economic Competition Commission’s (COFECE) Board of Commissionerssanctioned 7 passenger transportation companiesin the state of Chiapas with a total fine of $2.78 million [1]. Between 2010 and 2014, the companies engaged in absolute monopolistic practices through contracts, agreements and arrangements with the objective of rigging prices and restricting the supply of their services. The Commission concluded that there were enough elementsto determine that the following companies participated in absolute monopolistic
The Mexican Competition Authority imposes fines on several transportation companies for price-fixing agreements (OTEZ)
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