Mexican regulators accuse companies of fixing condom prices - News Summed Up

Mexican regulators accuse companies of fixing condom prices


MEXICO CITY — Mexico’s anti-monopoly commission has accused two companies of colluding to fix prices on condoms bought by public health care institutions. The Federal Competition Commission of Mexico says Tuesday the companies manipulated prices so that one, Dentilab, would get 80 per cent of orders. The commission says the alleged scheme was arranged to secure contracts from health care institutions in 2009, 2011 and 2012. It says price-fixing on condoms and catheters cost the government about 177 million pesos ($9.5 million). Both companies have been fined.


Source: National Post March 20, 2018 18:33 UTC



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