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Mexico Cofece says it respects Congress’ decision to dissolve authority

( November 29, 2024, 20:40 GMT | Official Statement) -- MLex Summary: Mexico's competition authority said it respects the will of Congress of the Union, which approved a reform to dissolve the Mexican Economic Competition Commission, or Cofece, to reform the constitutional framework related to competition policy. "Although the approved reform eliminates constitutional autonomy, it preserves a competition authority with technical and operational independence with respect to its decisions, organization and operation, and with legal personality and its own assets," the agency said. Cofece said that until the reform enters into force in its entirety. it will continue to make maximum use of its powers....

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