Mexico’s Steel Pact Exposes A Dangerous Antitrust Silence

However, beyond the political and industrial implications of the announcement itself, the most noteworthy aspect may ultimately be the institutional silence that followed.

Particularly, the silence of Mexico’s newly created National Antimonopoly Commission (“CNA”).

This silence is especially significant considering that the 2025 reform to Mexico’s Federal Economic Competition Law (“LFCE”) was publicly framed as a substantial strengthening of the country’s antitrust enforcement framework. Among other changes, the reform expanded the scope of prohibited conduct,