New Federal Antitrust Law

The Chamber of Deputies approves the new Federal Antitrust Law.

 

May 1st, 2014

Dear clients and friends,

Yesterday, Wednesday, April 30th, 2014, the Chamber of Deputies approved, in general and specifically, the new Federal Antitrust Law (Ley Federal de Competencia Económica) ("LFCE" or the "Law"), a result of the antitrust and telecommunications constitutional reform published in the Official Federal Gazette on June 11th, 2013 (the "Constitutional Reform").
This Law is the final result of analyses and discussions by the Federal Congress of the bill presented by the Federal Executive Branch on February, 19th, 2014, which suffered more than 90 changes by the Chamber of Deputies and the Senate.

In view of the above, the 1992 Federal Antitrust Law was repealed and the new LFCE will enter into force, with a total of 138 articles, regulating article 28 of the Political Constitution of the United Mexican States.

To read the document please click here.

For additional information, please contact our expert:

Fernando Carreño, Partner:

fcarreno@vwys.com.mx, +52 55 5258 1042.