The Comisión Federal de Competencia's new guidelines clarify notification requirements for joint ventures and the "failing firm" defense. Newly revised merger control guidelines ("Guidelines") from the Comisión Federal de...more
The fact that a merger might be anticompetitive is not a reason to prohibit a transaction if all of the elements of the “failing firm defense” are met, as described below. In fact, the antitrust agencies have long recognized...more