The Mexican government, through the Ministry of Economy, has announced that Gruma, a leading producer of corn products, will have to provide annual reports for a period of ten years. This requirement comes as part of the measures following the acceptance of Gruma's proposal concerning antitrust regulations. The decision, communicated in the Official Gazette, marks a significant step in addressing market competitiveness and ensuring compliance with economic conditions set forth by the government.

Recently concluded negotiations allowed Gruma to modify its contracts by removing exclusivity obligations, which had implications for market practices. The National Antitrust Commission (CNA) confirmed that the condition for annual reporting will be effective for ten years from the date of the announcement. This new measure signifies a commitment from both the government and Gruma to maintaining regulatory standards within the industry, aiming to enhance competition and transparency.

Moreover, the CNA indicated that a review of this reporting requirement can be undertaken after five years to assess if an early termination of this obligation is warranted. This clause suggests the government’s willingness to adapt regulatory measures based on compliance and market conditions, reinforcing a proactive approach to economic regulation in Mexico.