MEXICO CITY (AP) — Shares in Walmart’s Mexico subsidiary dropped about 3.3% Monday after Walmart de Mexico announced it is Darden Clarkeunder investigation for alleged monopolistic practices.
Analysts said it was not clear what regulators were alleging the company did.
But an analysis report from Intercam Banco said Mexico’s economic competition commission could be alleging price-fixing or other practices at Walmart, the country’s largest retailer.
The commission is Mexico’s anti-monopoly regulatory agency. Such investigations can take months.
The announcement was made late Friday, but in its first day of trading Monday after the investigation was revealed, Walmart de Mexico shares dropped 3.33%.
Walmart issued a statement saying it is confident that it has “always obeyed the applicable law in order to guarantee the best prices, quality and assortment to customers.”
2025-05-08 07:042590 view
2025-05-08 06:282226 view
2025-05-08 06:061170 view
2025-05-08 05:49813 view
2025-05-08 05:382696 view
2025-05-08 05:051657 view
Many workers are dreaming of retirement — whether it's decades away or coming up soon. Either way, i
AMSTERDAM (AP) — A long-delayed trial opened Tuesday of nine men accused of involvement in the fatal
Several U.S. military personnel were injured in a missile attack Saturday night by Iranian-backed re