This article will examine the development of competition law and policy in Mexico and its importance on the country’s future economic development. By examining the history of the law, its components, and the regulatory body responsible for its enforcement, the challenges facing Mexico’s successful implementation of competition law will be analyzed. A review of the recent 2011 reform efforts adopted by Mexico will be provided with attention being given to the statutory issues prohibiting the regulatory body from efficient enforcement and the resolutions that aim to solve them. Particular focus will also be directed at the role of the Mexican judiciary in the process of the successful implementation of competition law. A highlight of the negative impact judicial review has had on final resolutions imposed by the regulatory body through the use of case law will be followed by a discussion of how judicial efficiency is expected to improve in the near future. Lastly, suggestions for other methods to increased efficiency in the application of Mexican competition law will be outlined.
Keywords: Mexico, competition, antitrust, judicial reform, legal reform, CFC, amparo, judicial enforcement, monopolistic practices, judicial training, dominance in the marketplace
How to Cite:
Pocock, E., (2012) “The Economic Significance of Competition Law in Mexico: A Review of Recent Statutory Reforms and The Role of the Judiciary”, Arizona Journal of Interdisciplinary Studies 1, 20-38.