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Mexico: SCJN ruling grants price-regulation power to telecom regulators

By  |  October 24, 2012

Mexico’s Supreme Court (Suprema Corte de Justicia de la Nación) ruled yesterday that telecomunications regulators have the power to determine price rates. The Federal Telecommunications Commission (Cofetel) now has the power to determine rates based on an internationally-recognized model; the rates may be altered based on factors that may promote competition, investments or infrastructure. The ruling has been met with positivity, seen as a step forward as the strengenthening of Cofetel as a regulatory body for the nation. The Court ruled, however, that Cofetel can only regulate based on the determination of dominance by Mexico’s Federal Competition Commission.

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    Full Content: CNN Expanción [Spanish]

    Related Content: OECD Review of Telecommunication Policy and Regulation in Mexico

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