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Comisión Federal De Competencia Económica
The Federal Economic Competition Commission (, COFECE) is a Mexican government agency responsible for regulating anti-competitive behavior. The commission is a five-member body and is a constituent agency of the Secretariat of Economy. History The commission was established in 1993. The agency was known as the Federal Competition Commission (, CFC) prior to 2013. Under Article 28 of the Mexican Constitution, it is responsible for:"...overseeing, promoting and guaranteeing competition and market access in Mexico for the efficient functioning of markets to the benefit of consumers and implementation of the Federal Economic Competition Law (LFCE)".The mission of COFECE is to "protect the process of competition and free access to markets, through the prevention and elimination of monopolistic practices and other restrictions to market efficiency, in order to contribute to societal welfare." Notable activities In 2018, COFECE blocked Walmart from acquiring five stores from Sori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Government Of Mexico
The Federal government of Mexico (alternately known as the Government of the Republic or ' or ') is the national government of the Mexico, United Mexican States, the central government established by its constitution to share sovereignty over the republic with the governments of the 31 individual Mexican states, and to represent such governments before international bodies such as the United Nations. The Mexican federal government has three branches: executive, legislative, and judicial and functions per the Constitution of Mexico, Constitution of the United Mexican States, as enacted in 1917, and as amended. The executive power is exercised by the executive branch, which is headed by the president and her Cabinet of Mexico, Cabinet, which, together, are independent of the legislature. Legislative power is vested upon the Congress of Mexico, Congress of the Union, a bicameral legislature comprising the Senate of Mexico, Senate and the Chamber of Deputies of Mexico, Chamber of Dep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Regulator
A competition regulator is the institution that oversees the functioning of markets. It identifies and corrects practices causing market impediments and distortions through competition law (also known as antitrust law). In general it is a government agency, typically a statutory authority, sometimes called an Regulatory agency, economic regulator, that administrative law, regulates and enforces competition laws and may sometimes also enforce consumer protection laws. In addition to such agencies, there is often another body responsible for formulating competition policy. Many nations implement competition laws, and there is general agreement on acceptable standards of behaviour. The degree to which countries enforce their competition policy varies substantially. Competition regulators may also regulate certain aspects of mergers and acquisitions and business alliances and regulate or prohibit cartels and monopoly, monopolies. Other government agencies may have responsibilities in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretariat Of Economy (Mexico)
In Mexico, the Secretariat of the Economy ( Spanish: ''Secretaría de Economía''; abbreviated "SE") is the government department in charge of matters related to the economy. The Secretary of the Economy is a member of the federal executive cabinet appointed by the President of the Republic. Until 2000 the name of the Secretariat of the Economy was the Secretariat of Commerce and Industrial Development (Secofi) but that name was changed when Vicente Fox acceded to the presidency. Secretaries of the Economy *, until November 30, 2012. * Ildefonso Guajardo Villarreal, December 1, 2012 – November 30, 2018. *Graciela Márquez Colín, December 1, 2018 – December 31, 2020. * Tatiana Clouthier, January 5, 2021 – October 6, 2022. *, October 7, 2022 – October 1, 2024 *Marcelo Ebrard, October 1, 2024 – References External linksSE website Economy * Economy Economy Mexico Mexico, officially the United Mexican States, is a country in North America. It is the nort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart De México Y Centroamérica
Walmart de México y Centroamérica, is the Mexican and Central American Walmart division. Walmart de México y Centroamérica is Walmart's largest division outside the U.S. as of October 31, 2022, consists of 2,804 stores around the country, including 300 Walmart Supercenter stores and 167 Sam's Club stores. It has been traded in the Mexican Stock Exchange since 1977 (as Cifra). Walmart de México y Centroamérica is the biggest retailer in Latin America. As of October 31, 2022, Walmart operated 2,804 retail outlets in Mexico, under the Walmart Supercenter, Sam's Club, Bodega Aurrerá, Mi Bodega Aurrera, Walmart Express, and Bodega Aurrerá Express banners. As of 2012, the company was Mexico's largest private sector employer with 209,000 employees. Approximately one-fifth of Walmart stores in the world are in Mexico. It competes with Soriana, La Comer, Chedraui, H-E-B, Casa Ley, S-Mart and Calimax. Walmart's restaurant division, Vips, was acquired by the Mexican restaurant c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soriana
Organización Soriana is a Mexican public company and a major retailer in Mexico with more than 824 stores. Soriana is a grocery and department store retail chain headquartered in Monterrey, Monterrey, Nuevo Leon, Mexico. The company is 100% capitalized in Mexico and has been publicly traded on the Mexican stock exchange (Bolsa Mexicana de Valores), since 1987 under the symbol: "Soriana". Overview Soriana was founded in 1968 by Mexican entrepreneurs and brothers, Francisco Martín Borque, Francisco and Armando Martín Borque, in Torreón, Coahuila. The company currently, as of 2013, operates under the brands Soriana, Clubes City Club, Hipermart, Mercado Soriana, and Super City (store), Super City. Super City is the company's convenience store division brand. It operates supermarkets and department stores for consumer and wholesale markets. Soriana competes primarily with H-E-B, La Comer, Chedraui, S-Mart and Walmex. Soriana emphasizes that it is Mexican-owned and operated. It i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monopoly
A monopoly (from Greek language, Greek and ) is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic Competition (economics), competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge Monopoly price, overly high prices, which is associated with unfair price raises. Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market). A monopoly may als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of Mexico
The current Constitution of Mexico, formally the Political Constitution of the United Mexican States (), was drafted in Santiago de Querétaro, in the State of Querétaro, Mexico, by a constituent convention during the Mexican Revolution. It was approved by the Constituent Congress on 5 February 1917, and was later amended several times. It is the successor to the Constitution of 1857, and earlier Mexican constitutions. "The Constitution of 1917 is the legal triumph of the Mexican Revolution. To some it is the revolution." The current Constitution of 1917 is the first such document in the world to set out social rights, serving as a model for the Weimar Constitution of 1919 and the Russian Soviet Federative Socialist Republic Constitution of 1918. Some of the most important provisions are Articles 3, 27, and 123; adopted in response to the armed insurrection of popular classes during the Mexican Revolution, these articles display profound changes in Mexican politics that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Of Mexico
The president of Mexico (), officially the president of the United Mexican States (), is the head of state and head of government of Mexico. Under the Constitution of Mexico, the president heads the executive branch of the federal government and is the commander in chief of the Mexican Armed Forces. The office, which was first established by the 1824 Constitution of Mexico, federal Constitution of 1824, is currently held by Claudia Sheinbaum, who was sworn in on October 1, 2024. The office of the president is considered to be revolutionary, in the sense that the powers of office are derived from the Mexican Revolution, Revolutionary Constitution of Mexico, Constitution of 1917. Another legacy of the Mexican Revolution is the Constitution's ban on re-election. Mexican presidents are limited to a single six-year term, called a ''sexenio (Mexico), sexenio.'' No one who has held the post, even on a caretaker basis, is allowed to run or serve again. The constitution and the office of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Of Mexico
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent forms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Regulators
Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over attainment of any exclusive goal, including recognition. Competition occurs in nature, between living organisms which co-exist in the same environment. Animals compete over water supplies, food, mates, and other biological resources. Humans usually compete for food and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, power, prestige, and fame when in a static, repetitive, or unchanging environment. Competition is a major tenet of market economies and business, often associated with business competition as companies are in competition with at least one other firm over the same group of customers. Competition inside a company is u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumer Organizations In Mexico
A consumer is a person or a group who intends to order, or use purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Rights "Consumers, by definition, include us all", said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech, John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading information, advertising ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
