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The Procuraduría Federal del Consumidor (PROFECO; Federal Consumer Protection Agency) is an agency of the Mexican government headed by the federal consumer attorney. Mexico became the second Latin American country to enact a federal consumer protection law on February 5, 1976, and later became the first to establish a dedicated consumer protection agency.[1] By 1982, the agency had 32 offices, one in each federative entity of Mexico. PROFECO now has 51 offices nationwide, and its main headquarters are in Mexico City.[1] The most recent reform to the federal law was signed by President Enrique Peña Nieto in early 2018.[2]
PROFECO works with organizations such as the U.S. Consumer Product Safety Commission and Health Canada to help ensure that imported products are safe for consumers.[3] In February 2018, representatives of the three agencies met in the United States to sign a memorandum of understanding (MOU). Through this agreement, the three countries committed to improving the safety and quality of imported products for consumers in North and South America.[4] PROFECO was represented at the meeting by attorney Rogelio Cerda Pérez, who had served as federal consumer attorney since August 2017.[5]
The Good Weekend (El Buen Fin): a shopping weekend intended to stimulate the economy by encouraging consumption[8]
Who is Who on the Prices (Quien es Quien en los Precios (QQP)): PROFECO collects information about prices of products that consumers buy regularly. They make a list comparing the prices of these products at different stores, and share this information with the consumers to help them decide where is the best place to buy.[9]
Consumer magazine: PROFECO has published this monthly magazine for more than 40 years.[10] In this magazine consumers will find a wide variety of information about daily life, like comparison of products, recipes, studies and alerts.[11]
