The Federal Economic Competition Commission (Cofece) reported that it initiated an ex officio investigation for the possible conduct of relative monopolistic practices in the market for digital advertising and related services. Initiation of the ex officio investigation identified with the file number IO-003-2020, for the possible conduct of
The peso closed the session with a moderate depreciation of 0.19% or 4.12 cents, trading around 22.02 pesos per dollar, after hitting a minimum of 21.8808 pesos. The depreciation of the peso was due to a gradual recovery of the US dollar during the session, to close with
Of the total tax collection in the first semester of the current year, 84.6% was the result of the voluntary compliance of taxpayers’ tax obligations, which is known as primary collection. Meanwhile, the remaining 15.4%, which will be called secondary tax collection, was the result of the intervention
The Mexican mining sector captured 873 million dollars of Foreign Direct Investment (FDI) in the first half of 2020, a year-on-year decrease of 18.6%, according to statistics from the Ministry of Economy. Mexico has a substantial variety of mineral resources and is one of the world’s leading producers
Mexico topped the ranking of the main destinations for corn exports from the United States from October 2019 to June 2020, according to data from the Department of Agriculture (USDA, for its acronym in English). Those months correspond to the current season, which runs from October 2019 to
The United States and the European Union (EU) announced a bilateral reduction in tariffs for the first time in more than two decades. Under the agreement, the EU will remove tariffs on imports of US live and frozen lobster products. US exports of these products to the EU