Mexico: New Competition Law and New Authority
During the first hours of July 1st, 2025, the Mexican Congress approved the new proposed bill of amendments to the Federal Competition Act (“FCA”) (the “Bill”), which creates the National Antirust Commission (“CNA”), to replace the current COFECE. The Bill will be published in the following days and will enter into force the next day after publication, triggering the designation procedure for the new CAN’s Board of Commissioners –to be proposed by the Executive and confirmed by the Senate. CNA will take over the day after the new Board is installed.