Enforcement of competition and antitrust laws has been growing in countries around the globe and Mexico is no exception. With the recent amendments of the Federal Law of Economic Competition that took effect in May 2011, companies and individuals that participate in cartels now face a sanction of up to 10 percent of their annual income and up to 10 years of imprisonment. Related fines have also been substantially increased.
Baker & McKenzie Mexico's Antitrust practice group helps clients develop and implement antitrust compliance programs as well as identify, correct and mitigate antitrust risks. We manage the technical, legal and background aspects of proceedings before the Federal Competition Commission and facilitate the clearance of transactions subject to merger control procedures. We also defend clients’ interests in dawn raids, investigations and settlements as well as file complaints against anticompetitive actions that affect their businesses.