Mexico's natgas and electricity, still far from a competitive m

The recent reform in Mexico's natural gas and electricity industries is hampered from ushering in a competitive marketplace because of the country's economic regulation and regulatory design, according to a new paper from the Mexico Center at Rice University's Baker Institute for Public Policy.

The paper, “Economic Competition and the Energy Sector: The Electricity and Natural Gas Markets,” presents the main types of elements or conditions that, if not recognized in a timely manner by the industry regulator and by the entity with jurisdiction, may limit the effective application of the reform. It was co-authored by Josefina Cortés Campos, a professor at Instituto Tecnológico Autónomo de Mexico in Mexico City, and Eduardo Pérez Motta, a partner at Agon and former president of Mexico's Federal Competition Commission.

(Read the paper at Baker Institute's website)