October, 2020Issuance of recommendations by the COFECE in energy mattersOn October 7, 2020, the Federal Economic Competition Commission (“COFECE” or “Commission”) issued comments and recommendations to the National Regulatory…→
October, 2020Elimination of No commercialization letters and other changes to the NOMs AnnexToday the modification to Annex 2.4.1. “Tariff classifications of the tariff of the general import and export taxes law in which the merchandise subject to…→
September, 2020América Móvil divests US prepaid wireless business for US$6.9 billionMexico’s América Móvil has hired Cleary Gottlieb Steen & Hamilton LLP in New York to sell its prepaid mobile services provider, TracFone, to US counterpart…→
September, 2020América Móvil sells subsidiary in United States to VerizonThe U.S. company Verizon Communications acquired Tracfone Wireless, subsidiary of América Móvil in the United States for 6.250 million dollars in cash plus…→
September, 2020Modification of the Guidelines for the Execution of the Gradual Plan toward the New Normality in Mexico CityOn September 25, 2020, the Head of Government of Mexico City published in the Official Gazette the Twenty-Second Notice announcing the color of the…→
September, 2020Labor Compliance under the USMCA. The breach of labor obligations in Mexico can result in sanctionsUnder the United States-Mexico-Canada Agreement (hereinafter the USMCA), it is possible for Mexican manufacturing or services companies that deny their…→
