×
×
Project Insights

State meddling threatens competition in Mexico

The head of Mexican regulator the CRE resigned earlier this month, increasing concern within the industry about regulatory insecurity The head of Mexican regulator the CRE resigned earlier this month, increasing concern within the industry about regulatory insecurity.
By Elena Mataro 13 June 2019 Americas / Policy & Regulation 0 34305
Mexican President Andres Manuel Lopez Obrador addresses a rally. (PA)

The key issue: The president of Mexico’s Energy Regulatory Commission resigned on 3 June, saying his vision was incompatible with that of his colleagues. The official had apparently come under pressure for resisting attempts to undermine the autonomy of the CRE.

Interfax analysis: The recent erosion of the independence of Mexican regulator the Energy Regulatory Commission (CRE) has raised questions in the industry about fair competition in the Mexican market. The CRE was tasked with levelling the playing field in the oil and gas sector and the...