Mexico penalises Pemex for non-compliance

COFECE has targeted Pemex in the past

COFECE has targeted Pemex in the past (Credit: istock.com/kodda)

Petróleos Mexicanos is facing a 369 million pesos (US $20.5 million) penalty for failing to comply with three commitments it had agreed as conditions of closing an abuse of dominance probe by Mexico’s competition authority.

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