The Federal Commission of Economic Competition (Cofece) of Mexico reported this Tuesday that it will initiate an investigation into the beef market. To this end, the Commission approved a study on free competition and economic competition in the markets for the production, distribution and sale of beef and
The United States Trade Representative (USTR) on Tuesday began the legal process required before the four-year anniversary of the tariff measures in the Section 301 investigation of China‘s laws, policies and practices related to the transfer of technology, intellectual property and innovation. In 2018, the Trump Administration, acting
América Móvil reported that the number of prepaid wireless subscribers in Mexico for 2021 increased 4.3% compared to 2020. At the same time, the number of postpaid wireless subscribers increased 0.1 percent. As a result, the company had an increase in the total number of wireless subscribers in
Grupo Elektra faces strong competition at the regional level, mainly from Almacenes Coppel and Grupo Famsa, as well as independent local retail stores. As of March 31, 2022, Grupo Elektra had 1,198 stores of the Elektra and Salinas y Rocha formats in Mexico, making it one of the
Despite the aggressive competitive environment and its relatively limited marketing investment, Pemex maintained approximately 60.4% market share with its licensed and sub-licensed service stations (Pemex Gas Station) as of the end of December 2021. Its corresponding coverage was 77% in 2019 and 64% in 2020. Pemex Gas Station
Pemex reported that the studies and basic engineering services for the Dos Bocas refinery for the 17 process units have been completed. At first, on December 7, 2018, the Pemex Board of Directors, through resolution CA-161/2018, authorized the construction of a new refinery in Dos Bocas, in Paraíso,