MEXICO CITY — On Monday, Mexico’s competition regulators placed specific conditions on Walmart’s Mexican branch that will last for a decade due to allegations of supplier pressure.
This decision arrives in conjunction with a previously imposed fine of $4.6 million, attributed to perceived monopolistic actions by the retailer. In response to the fine, Walmart de Mexico announced its intentions to appeal.
There was no immediate response from the company regarding the new stipulations released on Monday.

The Federal Competition Commission mandated that Walmart cease its practices of pressuring suppliers to offer discounts that are more favorable than those provided to its competitors, among other regulatory requirements.
The commission’s statement highlighted that for 13 years, Walmart allegedly utilized its dominant market position to impose unfair conditions on its suppliers, effectively securing unjust advantages over its competitors.
“Walmart operated a system that enabled it to enforce discretionary discounts, compelling suppliers not to provide better prices or terms to rival stores, which had a serious impact, especially on small and midsize retailers,” the agency noted in its statement.

Walmart de Mexico, recognized as the dominant retail chain in the country, labeled the situation as unjust and asserted that there were “errors in applying the law” within the case.
This ruling comes in light of accusations from rival retail chains, which claimed that Walmart exploited its substantial market leverage to secure discounts that ultimately disadvantaged other market players.
Following these developments, shares of Walmart de Mexico dropped roughly 2.5% on the Mexican stock exchange on Monday.