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In Antitrust / Competition

Mexico: COFECE investigates possible cartel in the radiological equipment market

by , , and 7 Mins Read

The Investigating Authority of the Federal Economic Competition Commission published on 2 March 2023, the notice of initiation of an investigation for alleged horizontal monopolistic practices, also known as cartel practices, consisting in agreements between competitors to coordinate their bids in tenders by the Mexican Public Health sector to acquire radiological equipment and related products. Cartel Practices in the public health sector have been consistently considered by COFECE as a serious offense, as such acts have a direct impact on the number and quality of medical supplies purchased with public resources by government institutions for the care of the population.

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In Environment

Mexico: The National Hydrocarbons Commission has published guidelines for Assignments, Corporate Changes and Liens

by and 5 Mins Read

On 8 March 2023, the Government Body of the National Hydrocarbons Commission published in the Federal Official Gazette Resolution CNH.E.89.010/2022 containing Guidelines for Assignments, Corporate Changes and Liens applicable to Contracts for the Exploration and Extraction of Hydrocarbons.

In Trade and Foreign Investment

Brazil: Public interest assessment becomes optional for original trade defense investigations and sunset reviews

by , and 2 Mins Read

The Brazilian Secretariat of Foreign Trade issued on 8 March 2023 a new ordinance that renders the assessment of public interest (API) an optional proceeding in original dumping and subsidy investigations. Under the previous regulation, the API was mandatory in such original investigations and thus initiated ex officio by the Brazilian Department of Trade Defense, together with the opening of every new investigation.

In Trade and Foreign Investment

Brazil: Foreign trade policy authorities restructured

by , and 3 Mins Read

On 3 March 2023, Brazil issued two new decrees regarding the organizational structure and attributes of the Foreign Trade Chamber and the Ministry of Development, Industry and Foreign Trade. These are the two main bodies responsible for, among other things, defining Brazil’s foreign trade policies, including the application of trade defense measures.

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In ESG

Mexico, Canada and the United States: Forced labor developments (Webinar)

by , and 1 Min Read

Join Baker McKenzie for a webinar on Forced labor developments in Mexico, Canada and the United States on Thursday, 23 March 2023 from 10:00 am – 11:00 am Central Time. In this webinar, the panelists will discuss Mexico’s implementation of the new Forced Labor Regulation, Canada’s implementation of supply chain transparency legislation, US forced labor enforcement trends, customs forced labor best practices and supply chain due diligence recommendations.

In ESG

Mexico: Mexico Implements the United States-Mexico-Canada-Agreement Forced Labor Import Ban

by , and 3 Mins Read

After much anticipation since the United States-Mexico-Canada Agreement entered into force, on 17 February 2023, the Ministry of Economy published in the Federal Official Gazette an administrative regulation that sets forth the goods, which importation of is subject to regulation by the Ministry of Labor and Social Welfare, which prohibits the importation of goods produced with forced labor.

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In Environment

Brazil: Sustainability challenges for companies

by 1 Min Read

In episode 4 of the Compliance Podcast of the Caracas office of Baker McKenzie, Jesús Dávila speaks with partner Giovani Tomasoni, Environment and Climate Change attorney of Sao Paulo’s office of Trench Rossi Watanabe, about sustainability matters and the regulation in Brazil.

Baker McKenzie and Trench Rossi Watanabe have executed a strategic cooperation agreement for consulting on foreign law.

In Environment

Argentina: Regulation on conditions for hydrocarbons producers to access foreign currency based on incremental production

by , and 3 Mins Read

Resolution No. 13/2023 of 16 January 2023 of the Energy Secretariat (SE) establishes the General Conditions that hydrocarbon exploration and production companies must comply with to access Argentina’s foreign exchange market to obtain foreign currency related to their Incremental Oil and Natural Gas Production.

In ESG

Mexico’s Implementation of USMCA Forced Labor Import Ban

by and 3 Mins Read

After much anticipation since the United States-Mexico-Canada Agreement entered into force, on 17 February 2023, the Ministry of Economy published in the Federal Official Gazette an Administrative regulation that sets forth the goods which importation is subject to regulation by the Ministry of Labor and Social Welfare, which prohibits the importation of goods produced with forced labor. The Forced Labor Regulation, which will become effective on 18 May 2023, implements the obligation included in the USMCA to prohibit the importation of goods produced in whole or in part by forced or compulsory labor, including forced or compulsory child labor

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