COFECE, MEXICO'S ANTITRUST REGULATORY AGENCY, ISSUES A WARNING TO THE NATIONAL SUGAR AND ALCOHOL INDUSTRY TRADE ASSOCIATION ("CNIAA") DUE TO AN INCREASE IN THE PRICE OF ALCOHOL, ITS BY-PRODUCTS, AND INPUTS USED IN ITS PRODUCTION, WHICH MAY HAVE BEEN A RESULT OF PRICE-FIXING BETWEEN COMPETITORS.
Mexico City, April 1st, 2020. On March 30, 2020, the Federal Economic Competition Commission