MEXICO: Grupo Modelo appeal proves successful

By | 12 January 2007

Grupo Modelo has successfully appealed against an antitrust ruling in its home market.

The Mexican brewer said yesterday (11 January) that the country's Federal Competition Commission (CFC) has cleared Modelo of monopolistic practices through the exclusive sales of Modelo brands in its own beer stores.

In August, Modelo said it was considering an appeal against the CFC's ruling that the company had to end exclusive distribution to retail outlets that it owns.

"Grupo Modelo has the firm conviction that it has always acted in strict fulfilment of the applicable law and does not share the conclusions to which the CFC arrived by a divided vote," Modelo said at the time.

Sectors: Beer & cider

Companies: Modelo

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