26-11-2020 23:19 via kvoa.com

Mexico opens anti-monopoly probe against Wal-Mart de Mexico

MEXICO CITY (AP) — Mexico’s anti-monopoly commission says it has begun a formal investigation into possible monopolistic practices in wholesale and retail goods distribution and sales, a probe that that appears to involve Wal-Mart’s Mexican subsidiary. The Federal Economic Competition Commission did not identify its target Thursday, but Wal-Mart de Mexico told investors earlier this week that it has been notified of an investigation involving the company in exactly those areas.
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