Market Examinations in Mexico
Mexico’s Ministry of Economy and the OECD signed an agreement in 2014 to support the country in strengthening its competitiveness through competition. Strengthening competition in markets is vital for a country as it is a determinant of higher productivity and more economic growth.
Based on international best practices, the manual on “Market Examinations in Mexico” has been released to provide guidance on how to analyze a market’s current status when there is reason to believe the market is not functioning well. Identifying the markets that are not performing well, the related problems and causes, it is fundamental for a country to decide upon the next steps to take or the competent body to refer to. After providing an overview on the potential outcomes of market examinations and a description of the Ministry’s power to make requests to competition authorities, the manual provides a methodology to collect and handle information as well as recommendations to analyze the most relevant aspects of competition such as the definition of the market to be examined and its characteristic or a review of specific structural features that can hinder competition, among others. Finally, the manual provides guidance on more procedural aspects concerning the content and process of requests to competition authorities.