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Cofece fines marine diesel company, three executives for illegal price manipulation

( June 12, 2024, 19:08 GMT | Official Statement) -- MLex Summary: Mexico's Federal Economic Competition Commission, or Cofece, fined Combustibles Puerto de Abrigo Dzilam de Bravo and three executives for manipulating the price of marine diesel for a period of almost four years, the agency said. The fines amount to 3,417,895 pesos ($182,948). Marine diesel is a type of fuel that's used in boats and other vessels and is sold at service stations that are near the coast or the mouth of rivers. The parties can still appeal the decision to the courts. See full statement in Spanish....

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