Comisión Federal de Competencia Económica
Comisión Federal de Competencia Económica (Cofece) | |
![]() | |
Commission overview | |
---|---|
Jurisdiction | Federal government of Mexico |
Headquarters | Av. Revolución 725, Col. Santa María Nonoalco, Alcaldía Benito Juárez, Ciudad de México, C. P. 03700, |
Commission executive |
|
Website | Comisión Federal de Competencia Económica (Cofece) (in English) |
The Federal Economic Competition Commission (Spanish: Comisión Federal de Competencia Económica, COFECE) is a Mexican government agency responsible for regulating anti-competitive behavior. The commission is a five-member body and is a constituent agency of the Secretariat of Economy.
History
The commission was established in 1993.[1][2] The agency was known as the Federal Competition Commission (Spanish: Comisión Federal de Competencia, CFC) prior to 2013. Under Article 28 of the Mexican Constitution, it is responsible for:
"...overseeing, promoting and guaranteeing competition and market access in Mexico for the efficient functioning of markets to the benefit of consumers and implementation of the Federal Economic Competition Law (LFCE)".[3]
The mission of COFECE is to "protect the process of competition and free access to markets, through the prevention and elimination of monopolistic practices and other restrictions to market efficiency, in order to contribute to societal welfare."
Notable activities
In 2018, COFECE blocked Walmart from acquiring five stores from Soriana.[4]
Powers
Functions of COFECE include approval of mergers and acquisitions, investigating and penalizing monopolistic conduct, authorizing business activities in regulated sectors, and advocacy for competition in the marketplace. Article 28 of Mexico's constitution prohibits monopolies, but a more complete competition policy was set out in the LFCE (1993).
Leadership
The commission is headed by five commissioners appointed by the President of Mexico, each of whom serves 10-year terms; one of the five members serves as president of the commission. Additionally, COFECE employs 175 other people, including 41 support staff. The current chair of the agency is commissioner Andrea Marván Saltiel, who was appointed in May 2023.[5]
References
- ^ "Federal Law on Economic Competition. Historical Background" (PDF). 2014-05-17. Archived (PDF) from the original on 2014-05-17. Retrieved 2021-09-09.
- ^ "LA PRIMERA DÉCADA DE LA COMISIÓN FEDERAL DE COMPETENCIA" (PDF). Archived (PDF) from the original on 2021-09-09.
- ^ "cofece Info". Archived from the original on 2020-12-05.
- ^ CPI (2018-05-15). "Mexico: COFECE blocks acquisition of Soriana stores by Walmart - PYMNTS.com". PYMNTS.com - What's next in payments and commerce. Retrieved 2024-01-24.
- ^ Bagley, Alex (2023-03-21). "Mexico appoints new head". Global Competition Review. Retrieved 2024-01-23.
- Official site of the Comisión Federal de Competencia (English version) Archived 2015-08-12 at the Wayback Machine
External links
- Resolutions of the CFC (English version)
- v
- t
- e
- ANEC
- Association of Community Organizations for Reform Now
- BEUC
- CableHell
- Center for Auto Safety
- Chamber for Workers and Employees
- Choice
- Citizens Advice
- Citizens Advice Edinburgh
- Citizens Advice International
- Citizens Advice Scotland
- Citizens Advice outside the United Kingdom
- Connecticut Citizen Action Group
- Consumentenbond
- ConsumerLab.com
- Consumer Alert
- Consumer Council of Fiji
- Consumer Direct
- Consumer Federation of California
- Consumer NZ
- Consumer organization
- Consumer Rights Commission of Pakistan
- Consumer Rights Directive 2011
- Consumers Council of Canada
- Consumers' Association
- Consumers' Federation of Australia
- Consumers International
- Consumers' Coalition
- Consumers' Research
- Consumers Union
- CU Japan
- Consumer Watchdog
- Consumer Watchdog (Botswana)
- Konsumentenbund
- Euroconsumers
- Foodwatch
- Franchisees and Dealers
- ICRT
- Labdoor
- Open Food Facts
- Option consommateurs
- Stiftung Warentest
- StopBadware
- Swedish Consumers' Association
- Swiss Alliance of Consumer Organisations
- Test Achats
- Truth in Advertising
- UFC-Que Choisir
- The Checkout
- Don't Get Done, Get Dom
- Fair Go
- Fake Britain
- Fight Back! with David Horowitz
- Food Inspectors
- Gruen
- The Investigators
- JE
- Joe Lycett's Got Your Back
- Marketplace
- Rip Off Britain
- Rogue Traders
- Short Change
- Street Cents
- Target
- That's Life!
- Watchdog
- Airline complaints
- Anti-competitive practices
- Antitrust
- Better Business Bureau
- Class action
- Competition regulator
- Consumer complaint
- Consumer organization
- Cooling-off period
- Credit and debt
- Extended warranty
- Fair trade
- Federal Trade Commission
- Food safety
- List of food labeling regulations
- Mandatory labelling
- Ombudsman
- Planned obsolescence
- Product recall
- Telephone Consumer Protection Act of 1991
- Transparency (market)
entities
- Banking Standards Board
- Bureau of Consumer Protection
- Consumer Financial Protection Bureau
- European Consumer Centres Network
- Financial Consumer Agency of Canada
- Federal Office of Consumer Protection and Food Safety
- INDEPABIS
- National Homelessness Advice Service
- Office of Fair Trading
- Office for Fair Trading (Malta)
- Office for Fair Trading (Isle of Man)
- Pension Wise
- Water Industry Commission for Scotland
- Witness Service
competition
regulators
Administrative Council for Economic Defense
Anti-Monopoly Committee
Australian Competition & Consumer Commission
Autoridade da Concorrência
Autorité de la concurrence
Comisión Federal de Competencia Económica
Comisión Nacional de los Mercados y la Competencia
Commerce Commission
Competition and Consumer Protection Commission
Competition and Markets Authority
- Competition Appeal Tribunal
Competition Bureau
Competition Commission
Competition Commission
Competition Commission
Competition and Consumer Commission
Directorate-General for Competition
Fair Trade Commission
Fair Trade Commission
Fair Trade Commission
Federal Antimonopoly Service
Federal Cartel Office
Federal Trade Commission
Financial Markets Authority
- International Competition Network
International Financial Services Commission
Italian Competition Authority
Jersey Competition Regulatory Authority
Ministry of Commerce of the People's Republic of China
Netherlands Competition Authority
Norwegian Competition Authority
Philippine Competition Commission
Queensland Competition Authority
Superintendency of Industry and Commerce
United States Department of Justice Antitrust Division
competition
regulators
Research Group
(PIRG)
- Alaska PIRG
- Arizona PIRG
- California PIRG
- Colorado PIRG
- Connecticut PIRG
- Georgia PIRG
- Illinois PIRG
- Iowa PIRG
- Maryland PIRG
- Massachusetts PIRG
- Minnesota PIRG
- Missouri PIRG
- New Jersey PIRG
- New Mexico PIRG
- New York PIRG
- North Carolina PIRG
- Ohio PIRG
- Ontario PIRG
- Pennsylvania PIRG
- Michigan PIRG
- Rhode Island PIRG
- Vermont PIRG
- Washington PIRG
- Wisconsin PIRG
![]() | This Mexican government–related article is a stub. You can help Wikipedia by expanding it. |
- v
- t
- e