Mexico: COFECE’s advice to presidential candidates

Mexican competition authority COFECE addressed the candidates who will run in the country’s 2018 Presidential elections, offering five recommendations for action on competition policy. These include empowering the competition authorities, such as the IFT and COFECE itself, to take action against federal and local laws, in addition to issuing decrees allowing them to eliminate regulations that restrict competition, review regulations and introduce greater competition in public procurement.

The commission presented a list of changes that would seek to give greater competitiveness to the financial, energy, transport, agriculture, foreign trade and public procurement sectors, among others. The commission emphasized the importance of ending the advantages of certain economic actors, as they have resulted in overpricing and sub-par services.

Full Content: El Universal

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