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News Cemex fined US$89,000 for omitted transactions

Cemex fined US$89,000 for omitted transactions

Written by Global Cement staff 21 June 2022
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Mexico: The Mexican Federal Economic Competition Commission (COFECE) has fined Cemex US$89,000 for failing to notify it of a transaction that exceeded the threshold for notification. COFECE also approved the transaction in question.

Cemex has the right to seek legal recourse against the fine.

Last modified on 21 June 2022
Published in Global Cement News
Tagged under
  • Mexico
  • Cemex
  • Competition
  • Court
  • Federal Economic Competition Commission
  • Fine
  • Government
  • GCW562
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