Comisión Federal de Competencia Económica

(Redirected from Comisión Federal de Competencia) Competition regulator of Mexican government

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Mexican Federal Competition Commission
Commission overview
Comisión Federal de Competencia Económica (Cofece)

Jurisdiction	Federal government of Mexico
Headquarters	Av. Revolución 725, Col. Santa María Nonoalco, Alcaldía Benito Juárez, Ciudad de México, C. P. 03700,
Commission executive	Andrea Marván Saltiel, Chair
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. 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)".

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.

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.

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 Consumer protection
Organizations	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
Magazines	Akher Saa Beobachter Choice Consumer Reports Consumers' Checkbook dTest Ethical Consumer Finanztest Guter Rat Pirkka Spendere Meglio Stiftung Warentest Which?
Television	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
Lists	List of consumer organizations ICRT Members Consumer organization
Issues	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)
People	Pamela Gilbert Joanna Guy Ted Halstead Arshad Hasan Tom Hucker Jim Jontz Gene Karpinski Florence Kelley James Love Ralph Nader Anthony Pollina Phil Radford Joyce Elaine Roop Donald Kemp Ross Gene Russianoff Celeste Thorson Michael Vernon
Governmental 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
Current 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
Historic competition regulators	Channel Islands Competition and Regulatory Authorities Industrial Commission National Board for Prices and Incomes Securities Commission of New Zealand
Public Interest 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
Environmental	Bioscience Resource Project Environmental Action League of Conservation Voters Green Corps Environment America

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