On January 9, 2020 the National Institute of Statistics and Geography published the updated “Unidad de Medida y Actualización” (Unit of Measure and Adjustment, “UMA”), that is used to determine the amount of the governmental duties to be paid to the Mexican governmental agencies. 

After the update, the UMA’s daily value for the 2020 will be of MX$86.88.

Resulting from the above update, the thresholds for determining if a concentration will require the prior authorization from the Federal Economic Competition Commission (“COFECE”) or the Federal Institute of Telecommunications (“IFT”) from February 1, 2020 will be the following: 

Additionally, as set forth by article 77 of the Federal Law on Governmental Duties and Annex 19 of the “Resolución Miscelánea Fiscal 2020” (Annual or periodic adjustments to Mexican tax laws), those who notify a concentration to the COFECE or the IFT will need to pay the amount of MX$190,020.00 as governmental duties.