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Walmart de Mexico anti-monopoly probe launched by authorities

It is unclear what the supposed practices concerned, however as Mexico’s largest retailer, Walmart has important leverage with suppliers.

MEXICO CITY, Mexico — Mexico’s anti-monopoly fee stated Thursday it has begun a proper investigation into potential monopolistic practices in wholesale and retail items distribution and gross sales, a probe that seems to contain Walmart’s Mexican subsidiary.

Whereas the Federal Financial Competitors Fee didn’t establish its goal, Walmart de Mexico advised buyers earlier this week that it had been notified of an investigation involving the corporate in precisely these areas.

It was not clear what the supposed practices concerned, however as Mexico’s largest retailer, Walmart has important leverage with suppliers.

The corporate stated it has acted in accordance with Mexican legal guidelines and can defend itself.

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