Walmart\u0027s Mexico unit to face anti\u002Dtrust panel after three\u002Dyear investigation

Explore stories from Atlantic Canada.

MEXICO CITY -Walmart's Mexico unit said on Friday it will face an anti-trust panel for alleged relative monopolistic practices related to the supply, wholesale distribution and marketing of consumer goods.

Walmart de Mexico, known as Walmex, was first told in 2020 that it was under review for possible antitrust behavior. The agency's commissioners will oversee a trial-like process, weighing the findings of its investigative unit against Walmex's defense. The retailer last year posted revenue of more than 819 billion pesos from its operations in Mexico and Central America. It is due to report third-quarter results on Oct. 25.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cape Breton\u0027s Bruce Guthro earns Order of Nova Scotia honourExplore stories from Atlantic Canada.
Read more »

What does the seasonal flu mean for the workplace?Explore stories from Atlantic Canada.
Read more »

Pharmacists limiting refills of diabetes drug Ozempic in Nova Scotia because of worldwide shortageExplore stories from Atlantic Canada.
Read more »

Blue Jays beat themselves and go meekly into off\u002Dseason after being swept by TwinsExplore stories from Atlantic Canada.
Read more »

Cape Breton woman living in motorhome at campground due to no affordable housingExplore stories from Atlantic Canada.
Read more »

NATURE CONSERVANCY: Be thankful for nature and nature will thank you backExplore stories from Atlantic Canada.
Read more »