**Mexico’s Federal Economic Competition Commission (Cofece) has announced its plans to initiate an antitrust investigation into Walmart de Mexico, the country’s largest retailer, following a three-year-long investigation.**
**The investigation will focus on allegations that Walmart de Mexico engaged in anti-competitive practices, such as abusing its dominant position in the retail market, pressuring suppliers to offer exclusive deals, and engaging in predatory pricing.**
**Walmart de Mexico has denied any wrongdoing and has stated that it will cooperate fully with the investigation.**
Cofece’s investigation is a significant development in Mexico’s efforts to combat anti-competitive behavior and promote fair competition in the retail sector. The outcome of the investigation could have far-reaching implications for Walmart de Mexico, potentially leading to fines, corrective measures, or even the breakup of the company.
**Key Points:**
* Cofece, Mexico’s antitrust authority, has decided to launch an investigation into Walmart de Mexico..
* The investigation will focus on allegations of anti-competitive practices, including abuse of dominance, exclusive deals with suppliers, and predatory pricing..
* Walmart de Mexico has denied any wrongdoing and has pledged to cooperate with the investigation..
* The outcome of the investigation could have significant consequences for Walmart de Mexico, including fines, corrective measures, or even a breakup of the company.
**Walmart de Mexico’s Response:**
Walmart de Mexico has released a statement denying the allegations against it and expressing its commitment to cooperating with Cofece’s investigation.
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