Ajemex Sues Coca-Cola for US$30 Million

Ajemex, producer of Mexico's popular Big Cola brand has accused larger rival Coca-Cola Femsa S.A.B. de C.V. of engaging in monopolistic practices, and is seeking damages though Mexico's competition watchdog, the CFC, of US$30 million.

Coca-Cola Not Planning to Buy FEMSA Cerveza, CEO Says

Brian Smith, the CEO of Coca-Cola de Mexico, told reporters that his company is not planning to acquire FEMSA Cerveza, the beer producing division of Fomento Economico Mexicano S.A.