COFECE finds indications of possible illegal agreements between federal cargo transportation providers

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Summary:

The Comisiu00f3n Federal de Competencia Econu00f3mica (Cofece) has found indications that freight transport providers in Mexico may have colluded to not compete with each other, which could harm consumers. As part of its new policy, Cofece is investigating whether such illegal agreements were made, with a 120-day deadline to conclude the investigation. If found guilty, those responsible could face fines and prison sentences. The goal of Cofece is to ensure a level playing field for companies and promote competition, ultimately benefiting consumers by offering better services and quality products.