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Mexico: Competition bill approval paves way for further overhauls

 |  April 30, 2014

Mexico’s lower Congressional house has paved the way for more competition overhauls after approving an economic competition bill Tuesday, say reports.

The new legislation aims to boost the powers of the newly-instated competition regulator. President Enrique Pena Nieto must now sign the bill into law.

Reports say the bill as one of several queuing ahead of Congress’s adjournment Wednesday. Among the other proposed rules includes laws to implement congressional reforms that overhauled the nation’s telecommunications and energy markets.

Full content: Reuters

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