Mexico’s Walmex expects final ruling from antitrust watchdog soon

MEXICO CITY (Reuters) – Mexico’s Walmex, the local unit of retailer Walmart (NYSE:WMT), expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into alleged anti-competitive practices, a senior executive said on Tuesday.

“It will probably happen in just a few days or weeks,” Javier Trevino, a Walmex senior vice president, told reporters during a press conference.