The antitrust board of Mexico has turned their sites on Tortilla prices, citing a lack of competition in the existing market.

Eduardo Perez Motta, the commissioner of the board, has cited unclear municipality policies as the cause of a downturn in new competitive entrants into the market.

“These guidelines are a tool for municipal governments to reform their regulations to favor the consumer, eliminating privileges that affect the society,” Perez Motta said.

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The national growth of Mexico is exceeding even the most garish expectations, according to a new study released today.

The national GDP is on track to expand by 3.87 percent, far higher than the initial projections of 3.28 percent. Increased industrial output and a growth in retail sales continues to fuel speculation of a faster than expected recovery from the trouble spots of the last year, which were largely due to the U.S. financial collapse, as Americans continue to be the largest purchaser of Mexican exports in the world.

The increased estimates come on the heels of a survey of top economists conducted by the central bank.

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The Wall Street Journal recently named Mexico as one of the top ten foreign investment areas in the world, in a huge nod to the country.

“Mexico has moved back into the world’s top-10 most attractive countries for foreign direct investment as U.S. companies seek low-cost production closer to home, consulting firm A.T. Kearney said Monday.
 

Mexico’s attractiveness for investment ranks 8th worldwide this year, up from 19th at the end of 2007, according to A.T. Kearney’s FDI Confidence Index for 2010, which is based on a survey of global business executives.”

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Information Mexico has gone viral!

Please check out our newest video about Mexico Day on Wall Street, found on our YouTube Page, here.

This exclusive video contains footage from Ambassador Arturo Sarukhan´s most recent visit to NASDAQ in New York, where he spoke about the Mexican economy and the importance of the bilateral economic relationship between Mexico and the United States.

To see the video, click here.