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Recent & Selected Transactions:

Antitrust/Competitions

We turn Mexico’s complex competition rules into a competitive edge. Antitrust issues are no longer just technicalities—they shape the outcome of deals, joint ventures, and market strategies. Clearance from the Mexican National Antitrust Commission can make or break a transaction, while investigations into cartels, abuse of dominance, and barriers to entry carry high financial and reputational risks. With regulators exercising broad powers anticipating challenges and addressing them strategically is critical.

We advise on all aspects of antitrust and competition law, including merger reviews, investigations into cartels and abuse of dominance, compliance programs, administrative proceedings before specialized regulators, and constitutional challenges (amparos). We combine a thorough command of local regulations with first-hand experience in enforcement priorities and judicial criteria, enabling us to design strategies that succeed before both regulators and the courts.

Competition law in Mexico is evolving alongside global trends. The regulation of digital markets, the increasing use of data and AI, and the growing importance of sustainability and consumer protection are transforming enforcement priorities. We keep our clients one step ahead so they can close deals, fend off investigations, and stay competitive where it matters most.

Recent & Selected Transactions:

Merger review of the following M&A transactions:

 

Fernando Chico Pardo and Family on their US$2.3 billion acquisition of 25% of Banamex

 

Grupo Kaltex in the acquisition of Grupo Milano

 

Grupo Chedraui in the acquisition of Smart and FinalSmart and Final

 

Grupo Angeles in its acquisition of CIMA Hospitales

 

Grupo Real Turismo in the sale of a hotel portfolio to private investors.

 

RIMSA in its sale to Teva

 

Santander Mexico in its Acquisition of ING Hipotecaria

 

Investigation proceedings involving the following:

 

Grupo Ángeles in an Antitrust Investigation in the private hospitals market in Mexico

 

Grupo Gicsa in an Antitrust Investigation in the commercial real estate market in Mexico

 

Inmuebles Carso in an Antitrust Investigation in the commercial real estate market in Mexico

 

DMI in an Antitrust Investigation in the commercial real estate market in Mexico

 

America Móvil in the defense against asymmetric regulation by the Mexican telecommunications agency (IFT)

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Antitrust/Competition

Bosque de Alisos 47 A 1st Floor A2-11

Mexico City, Mexico, 05240
Tel. +52 (55) 1105-1300

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