Mexican Antitrust Regulators Fines Pension Fund Managers
Mexico’s antitrust commission said Thursday it fined four pension fund management firms and 11 individuals a combined 1.1 billion pesos ($58 million) for making agreements to limit transfers of retirement accounts from one manager to another, restricting competition in the market.
The Federal Competition Commission said that between November 2012 and June 2014, six bilateral agreements were signed among pension fund…
Full Content: Wall Street Journal
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