MEXICO: FEMSA fined amid beer distribution probe
Mexican anti-competition watchdogs have fined FEMSA for refusing to provide information for a probe in beer distribution throughout the country.
Mexico's Federal Competition Commission handed FEMSA a fine of MXN2.8m (US$262,000) after turning down the company's appeal against an earlier ruling.
According to reports, FEMSA failed to provide information for a 2004 investigation into possible anti-competitive practices in beer distribution.
FEMSA officials could not be reached for comment as just-drinks went to press.
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