The Mexican Competition fines two producers of Oxygen, Nitrogen and Argon for non-compliance with commitments to restore competition (Infra / Cryoinfra)

Competition Authority, Mexican

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14 Sep 2022

The Mexican Competition fines two producers of Oxygen, Nitrogen and Argon for non-compliance with commitments to restore competition (Infra / Cryoinfra)

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Reference

Mexican Competition, Infra / Cryoinfra, Press Release, 14 September 2022

Cofece fines Infra and Cryoinfra for not complying with commitments undertaken to restore competition in the oxygen, nitrogen and argon markets* In 2018, during the trial-like procedure for possible relative monopolistic practices, both economic agents presented commitments, which were accepted by the Board of Commissioners, in order to restore competition conditionsin these markets. These commitments were not complied with, for which the Board of Commissioners of Cofece imposed fines for more than 296 million Mexican pesos. Mexico City, September 14, 2022.- The Board

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Auteur

Mexican Competition Authority
Mexican Competition Authority (Mexico City)

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Citation

Mexican Competition Authority, The Mexican Competition fines two producers of Oxygen, Nitrogen and Argon for non-compliance with commitments to restore competition (Infra / Cryoinfra), 14 septembre 2022, e-Competitions September 2022, Art. N° 108891

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