August 2014 - New Federal Competition Law Adopted in Mexico to Improve Competiveness
New Federal Competition Law Adopted in Mexico to Improve Competiveness
One of the key goals of President Enrique Peña Nieto is to increase the competitiveness of the Mexican economy and thus to generate high economic growth and more and better jobs. An important mechanism to achieve these goals is a modern and effective economic competition legal framework. With this in mind the Mexican Congress approved on April 29, 2014, the new Federal Law of Economic Competition replacing the preceding law on the subject that dates back to 1992. This new law came into force on July 7, 2014.
The Expansion of Industrial Parks Supports Mexico’s Growth
By opening markets, Mexico has consolidated its position as a strategic manufacturing center and a global trade hub in the last two decades. Nowadays Mexico is increasingly demanding high quality industrial real estate across the country to place new export capacity.
Success Stories
- Renault-Nissan and Daimler to Jointly Make Cars in Mexico
- PPG Industries to Acquire Comex
- Cargill Taps Mexico Tilapia Growth with New Feed Plant
- Facchina Group Sold to Mexico’s ICA
- BRP to Build 3rd Manufacturing Plant in Mexico
State Profiles
- Yucatan
- Colorado
Download file: Nafta Work - August 2014