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Market Chatter: Mexican Regulator Threatens More Fines on Walmart Unit
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Market Chatter: Mexican Regulator Threatens More Fines on Walmart Unit
Dec 16, 2024 11:06 AM

01:54 PM EST, 12/16/2024 (MT Newswires) -- Walmart's ( WMT ) unit, Walmex, could be fined up to 8% of its income if it doesn't comply with a resolution prohibiting the company from engaging in certain conduct, Reuters reported Monday, citing a statement from Mexico's antitrust watchdog Cofece.

Walmart ( WMT ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 95.38, Change: +1.13, Percent Change: +1.20

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