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Top News In கூட்டாட்சியின் பொருளாதார போட்டி Today - Breaking & Trending Today

Mexico Reform Bill for Transparency in Advertising Contracting

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Reform Bill for The Law of Transparency, Prevention and Combat of Improper Practices in Advertising Contracting in Mexico
Thursday, June 3, 2021
On November 11, 2020, Senator Ricardo Monreal Ávila, a member of the political party National Regeneration Movement (MORENA), presented a bill for consideration regarding the “
Law of Transparency, Prevention, and Combat of Improper Practices in Advertising Contracting,” which was approved by the two legislative chambers, on April 30, 2021, establishing the following:
The bill argued that the media has an incentive to remunerate agencies, so that they favor them when making selection decisions, which could be
directly via sales commissions, or
indirectly via the sale of advertising spaces, pricing them below the market average for later resale, resulting in fictitious consultancy contracts as well as higher prices than the market. For this reason, agencies may find it difficul ....

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House of Representatives Approves the Amendment of Mexico's Electricity Industry Law | Mayer Brown - Energy Forward

Recently, the Second Chamber of the Mexican Supreme Court overruled the
Policy for the Reliability, Safety, Continuity and Quality of the National Electric System (the Policy ), because such Policy included unconstitutional provisions that would adversely affect competition in the electricity market. The Amendment emulates several provisions of such Policy, which is one of the reasons why it is seen as another blow to the power industry.
As mentioned in our previous analysis, one of the most relevant features of the Amendment is the modification of the dispatch order, disregarding economic efficiency mechanics, giving preference to the Federal Electricity Commission (
Comisión Federal de Electricidad CFE ) over other generation plants, which will result in more expensive and dirty energy. ....

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House Of Representatives Approves The Amendment Of Mexico's Electricity Industry Law - Energy and Natural Resources

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On February 23, 2021, the House of Representatives discussed and
approved the draft of the Amendment of the Electricity Industry Law
proposed by Mexico President López Obrador on February 1
(the “Amendment”), with a total of 304 votes by the
representatives of MORENA, the political party of the president
which holds a majority of seats in the House of
Representatives.
The plenary session followed up a heated discussion by the
Energy Commission of the House of Representatives on February 19,
in which the minority parties submitted a motion to include a ....

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