Mexican antitrust watchdog urges Congress to reject power market bill

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Mexico's antitrust authority on Monday urged lawmakers to reject a bill sent this month to Congress by President Andres Manuel Lopez Obrador that aims to strengthen the hand of the national power utility in the electricity market.

FILE PHOTO: A general view shows high voltage power lines owned by Mexico's state-run electric utility known as the Federal Electricity Commission , in Santa Catarina, on the outskirts of Monterrey, Mexico February 9, 2021. REUTERS/Daniel Becerril/File Photo

The Federal Economic Competition Commission said in a statement that unless it is amended, Lopez Obrador’s proposal would “seriously damage” the conditions of competition for generation and commercialization of electricity in Mexico. COFECE’s recommendation to Congress is the latest in a series of disputes between the watchdog and the president over his drive to give the state more control over the energy market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Those 'watchdogs' only defend the interest of the transnationals, not the interest of the Mexicans. So, it will be a difficult month for all the propagandist.

🤣🤣🤣🤣🤣🤣🤣🤣

I remember when I started, they thought it was a joke, now they all want to be a part of it.. well, the sky is wide enough for all the birds to fly. Invest in Bitcoin today and be forever grateful.. dm lisaMakT for more information

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines