Antitrust Wimps

Mexico's Federal Competition Commission issued its first-ever findings against companies for their monopolistic practices. Twenty companies were named, led by eight financial institutions that were charged with collaborating in auctions of government Treasury certificates. But total fines only added up to about $750,000--not much of a deterrent. None of Mexico's quasi-monopolies, such as entertainment conglomerate Televisa, made the commission's list.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.