MEXICO CITY Oct 19 Mexico's competition
regulator Cofece said on Wednesday it had opened an
investigation into possible "absolute monopolistic practices" in
the country's medicines market.
Cofece's investigative unit will look at the production,
distribution and sale of medicines, it said in the official
government gazette. The investigation should last between 30 and
120 working days, but that could be extended, Cofece said.
Absolute monopolistic practices are collusive agreements
between competitors meant to fix prices, divide up markets or
rig bids, Cofece said on its website.
The statement did not identify what medicines and companies
might come under the scope of the investigation.
No one was available to comment at Cofece before normal
(Reporting by Christine Murray and Veronica Gomez Editing by W