The Mexican Federal Government energy policies since the current Government took office two years ago have been scrutinized by the Federal Commission of Economic Competition (Comisión Federal de Competencia Económica) (“COFECE”, by its Spanish acronym) as they have raised doubts regarding their compliance with the Mexican competition framework. The energy sector in Mexico has been closed to competition for many years. The legal framework of the electricity market in Mexico provided for a model characterized by a state monopoly vertically integrated by the Federal Electricity Commission (Comisión Federal de Electricidad) (“CFE”, by its Spanish acronym), which controlled all stages of the production chain (generation, transmission, distribution and commercialization) with the participation of
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The Mexican Competition Authority files a constitutional controversy before the Supreme Court claiming that the energy policy violates antitrust principles
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