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Ferromex
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== Merger with Ferrosur == In November 2005, [[Grupo México]], the majority owner of Ferromex, purchased Infraestructura y Transportes Ferroviarios, the parent company of [[Ferrosur]], another of Mexico's Class I railroads, in a {{US$|309 million}} stock transaction.<ref>FWN Select, "Grupo Mexico Buys Ferrosur Railway From Carso" (Nov. 25, 2005)</ref><ref>{{cite magazine|date=March 2006|title=Abandonments & Acquisitions|magazine=Trains Magazine|page=15|volume=66|issue=3|issn=0041-0934}}</ref> The Mexican Federal Competition Commission (CFC) had rejected a proposed 2002 merger of Ferromex and Ferrosur amid opposition from Ferromex competitor [[Grupo Transportación Ferroviaria Mexicana]] (TFM).<ref>FWN Select, "Mexico's Antitrust Agency To Study Railway Merger" (Nov. 28, 2005)</ref> Following the November 2005 purchase of Ferrosur by Grupo México, [[Kansas City Southern de México]] (KCSM), successor to TFM, petitioned the Mexican government to block the merger of Ferrosur and Ferromex. The CFC rejected the merger in June 2006 and stated that the merger would have led to excessive concentration in the railway industry to the detriment of consumers and competing shippers.<ref>FWN Select, "Mexico's Antitrust Commission Rejects Rail Merger Appeal" (Nov. 15, 2006)</ref> However, in March 2011, a tribunal ruled in Grupo México's favor, and the merger was permitted.<ref>{{cite news|title=Mexican Tribunal OKs Grupo Mexico Railroad merger|url=https://af.reuters.com/article/metalsNews/idAFN2821457620110328|archive-url=https://web.archive.org/web/20110401045144/http://af.reuters.com/article/metalsNews/idAFN2821457620110328|url-status=dead|archive-date=2011-04-01|date=2011-03-28|work=Reuters}}</ref>
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