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Mexico Proposes Uniting Telecom and Competition Regulators

By  |  June 10, 2020

The coordinator of the Morena majority caucus in the Senate, Ricardo Monreal, presented this Wednesday an initiative to merge the Federal Telecommunications Institute (IFT), the Federal Commission on Economic Competition (Cofece), and the Energy Regulatory Commission (CRE), in a new organization that would be called the National Institute of Markets and Competition for Well-Being (INMECOB).

This body, explained the legislator, would have the objective of guaranteeing free competition and concurrence, as well as preventing and fighting monopolies in the telecommunications and broadcasting sectors.

The institute would aim at the efficient development of broadcasting and telecommunications. Likewise, it will promote the efficient development of the energy sector and protect the interests of users and promote adequate national coverage, they reported.