Unless one is dealing with a publicly-held company, determining the creditworthiness of the borrower can be difficult. Information on privately-owned companies is not readily available, and the lender should begin a thorough fact-finding process well in advance of the desired closing date. The time required to complete a transaction in Mexico can also be longer than what foreign lenders normally expect; this is occasionally a source of frustration.

The legal basis is both civil and administrative; although since April 2009, the parliamentary coordinators of the three main Mexican political parties are preparing a draft bill reforming the Competition Law aiming at toughening sanctions against cartels, relative or absolute monopolistic practices and unlawful concentrations.

Infringers could face maximum pecuniary penalties of up to 10% of their annual income and even imprisonment.

The International Comparative Legal Guide to: Cartels & Leniency 2011 – 4th Edition. MEXICO CHAPTER