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Mexico probes possible collusion in soccer signings

Mexico's federal government says it is investigating possible "monopolistic practices" in the signing of soccer players in the country

Reported by: AP Published on: November 07, 2018 22:30 IST
Mexico probes possible collusion in soccer signings
Image Source : AP Mexico probes possible collusion in soccer signings

MEXICO CITY (AP) — Mexico's federal government says it is investigating possible "monopolistic practices" in the signing of soccer players in the country.

A statement from the Federal Commission on Economic Competition says such purported activity related to recruiting and hiring would violate Mexican law.

Investigators are looking at possible "contracts, agreements, arrangements or collusion between competing economic agents."

Tuesday's statement says any entities found guilty may be fined up to 10 percent of earnings and individuals could face up to 10 years in prison.

It did not name any teams or persons that may be under investigation.

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Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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