For these reasons, "those who promote monopolies should be discouraged and laws should be enacted to prevent barriers of entry not only to products or transportation, but also to professionals," said Flores Bernese, according to Prensalibre.com.
The Mexican official listed the steps required in order to combat anti-competitive monopolistic practices:
"From the perspective of the Federal Commissioner for Competition, the first step after passing the legislation, is to create an independent body that can act legally against offenders. The second step is to direct efforts to reducing the activity of business cartels that set prices jointly. As mentioned, the Federal Competition Commission of Mexico recently received money from fines of $1.83 million to proprietors of a ferry (a type of vessel that joins two points carrying passengers and cars) which provided a service between Isla Mujeres and Carmen beach in Cozumel. Another case involved a group of pharmaceutical companies who paid a fine of $10.7 million for high priced medicines for the Mexican Social Security Institute (IMSS). "
The decree approved by the Guatemalan Congress was the missing step needed to implement the free movement of people and goods between the two Central American countries.
From a statement issued by the Ministry of Trade:
Guatemala, January 22, 2016. The Congress of Guatemala yesterday approved a Protocol Enabling the Deep Integration towards the free movement of people and goods between the Republics of Guatemala and Honduras.
The Law on Promotion of Competition and Effective Consumer Protection recently approved typifies monopolistic practices and changes the rules on economic groups.
Two of the most important changes are expanding the scope of the law, which now includes public service employees in cases of concessions and the introduction of a new absolute monopolistic practice: the agreement between competitors to 'refuse to buy or sell goods or services'.
Along the northen corridor of the ramal of Villa Lucre this is a real quality property for development or investment adjacent to the succesful development of Villa Lucre connects to Colon FWY Total area of 12, 613 M2 (3.17 acres) priced at...