We would like to ensure that you are still receiving content that you find useful – please confirm that you would like to continue to receive ILO newsletters.
05 February 2009
The Federal Competition Law provides that filing thresholds are calculated on the basis of the general minimum daily wage in Mexico City. The Federal Law on Government Rights establishes the filing fees to be paid by parties notifying the Federal Competition Commission of a transaction. These amounts have now been updated for 2009.
Filing fees have risen by approximately 10%. Parties notifying the commission of a concentration in 2009 must pay Ps137,833 (around $9,800 at a rate of Ps14.5 to the dollar).
The filing thresholds have increased by approximately 4%, as the minimum daily wage on which they are based has risen from Ps52.59 ($3.75) to Ps54.80 ($3.91). A concentration must now be notified to the commission if:
For further information on this topic please contact Luis Gerardo García Santos Coy or José Ruíz López at Creel, García-Cuéllar, Aiza y Enríquez by telephone (+52 55 1105 0600) or by fax (+52 55 1105 0690) or by email (email@example.com or firstname.lastname@example.org).
The materials contained on this website are for general information purposes only and are subject to the disclaimer.
ILO is a premium online legal update service for major companies and law firms worldwide. In-house corporate counsel and other users of legal services, as well as law firm partners, qualify for a free subscription.
Luis Gerardo Garcia Santos Coy
José Ruiz López