The Mexican subsidiary of US retail behemoth Wal-Mart is to be investigated by local antitrust authorities over concerns over pricing practices.
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According to the Mexico City paper Reforma, the Federal Competition Commission, or CFC, will investigate claims that Walmex, as Wal-Mart is known in Mexico, demands lower prices from its suppliers than they charge competitors of Wal-Mart.
The CFC will probe the company to see if there are sufficient grounds for a formal investigation into alleged monopolistic practices. The decision is expected to be announced this week.
