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Mexico's new antimonopoly legislative bill advances (probably due to immigration pressures)
MexicoNews.com.mx (Miami Herald in Mexico City) ^ | April 08, 2006 | THOMAS BLACK

Posted on 04/08/2006 3:22:43 PM PDT by Shuttle Shucker

Mexican lawmakers won backing from the nation´s largest business group for a bill to increase competition in industries ranging from telecommunications to manufacturing, paving the way for passage as early as this month.

The legislation, which would increase fines for anti-competitive practices, limit appeals and force repeat offenders to sell assets, may be voted on by the Chamber of Deputies Economy Committee on April 18, said Jorge Luis Hinojosa, a member of the committee. The full house would vote two days later, barring significant changes, and the Senate by the end of the month, he said.

Teléfonos de México SA, the fixed-line telephone company controlled by Carlos Slim, is among companies in Mexico whose high prices are limiting the nation´s ability to compete, central bank Governor Guillermo Ortiz said March 8.

The proposed law is aimed at curbing such dominance to help spur economic growth and create jobs, said Eduardo Pérez Motta, chief of the anti-trust agency. "It´s a law that will have a big impact on the country´s competitiveness, on growth, on employment and with very clear benefits for consumers," Pérez said in an interview late Thursday.

The lower house committee on Thursday reached agreement on the bill with the Business Coordinating Council (CCE for its intials in Spanish) )and the antitrust agency, Hinojosa, a member of President Vicente Fox´s National Action Party, said in an interview on Thursday. The law would increase fines to as much as 10 percent of annual sales and create incentives for executives to bring forth evidence of anti-competitive practices, said Pérez.

The agency would have the power to make visits to companies to verify compliance and could break up companies that repeat offenses, he said. "Mexico has been losing competitiveness and a lot of it is because inside the country there hasn´t been competition," said Hinojosa. "The intention of this law is to give incentive inside Mexico so there are no monopolies and to give access for more competition in markets."

Companies backed the bill after lawmakers agreed to require a court order for verification visits and to limit the visits to information previously cited, said Oscar Fitch, a member of the business council. Business executives also demanded clearer definitions under the law for terms such as monopolistic practices and efficient markets.

"We´re now all in agreement," said Fitch, president of the Mexico-City lobbying firm Fitch & Asociados. "It´s a step forward because it´s a more modern law, it gives us more legal certainty and there´s less discretion on the part of authorities."

Telmex said in a statement it declined to comment on the law while it´s still under debate in Congress. The number of appeals from companies that use several courts to delay implementation of decisions may drop by 30 percent under the new law, Pérez said.


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government; Mexico; Miscellaneous; News/Current Events; US: Arizona; US: California; US: District of Columbia; US: Florida; US: New Mexico; US: Texas
KEYWORDS: hypocrisyinmexico; immigration; mexico
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To: Shuttle Shucker

But don't you know were the facists by not wnating children to run into porn on the internet.


21 posted on 04/08/2006 4:51:02 PM PDT by Stayingawayfromthedarkside (2008: Daddy what are Democrats)
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To: Shuttle Shucker

Mass deportation of Mexicans who have had a taste of freedom here in the states would be the best cure for Mexican politics, IMO.


22 posted on 04/08/2006 4:51:09 PM PDT by CowboyJay (Rough Riders! Tancredo '08)
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To: Shuttle Shucker
Currently Carlos Slim, the owner of Mexico's near phone monopoly TelMex (which has 93% of local land-based lines) is ranked #3 on Forbes' list of the world's wealthiest people ...

There was an article on him recently about him making some charitable donations. Now I think he was trying to influence the outcome of this legislation.

23 posted on 04/08/2006 4:56:29 PM PDT by Moonman62 (Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
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To: Shuttle Shucker

The PAN party of Fox are socialists. There is nothing close to Reagan's party in that country.


24 posted on 04/08/2006 4:57:11 PM PDT by monkeywrench (Deut. 27:17 Cursed be he that removeth his neighbor's landmark)
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To: Shuttle Shucker

More power to the Mexican people in their reform efforts!

The encouragement of illegal emigration from Mexico to the U.S. by the Mexican elite is propping up the oligarchs of that nation and screwing over workers and citizens on both sides of the Rio Grande.


25 posted on 04/08/2006 5:02:06 PM PDT by PresbyRev
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To: Shuttle Shucker

Mexico is screwed once the illegal Americans show up for work...


26 posted on 04/08/2006 5:05:20 PM PDT by Libloather (You say Dubai, and I say hello...)
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To: Stayingawayfromthedarkside

Porn is not considered nearly as offensive in Mexico. It's readily available at streetstands (peddling magazines and pirated videos) and even pervades some newspaper ads down there. So that "justification" for stifling the internet's increased availability doesn't fly in Mexico.


27 posted on 04/08/2006 5:20:10 PM PDT by Shuttle Shucker
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To: CowboyJay

And the reason it's not yet happening is????


28 posted on 04/08/2006 5:21:22 PM PDT by Shuttle Shucker
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To: Moonman62

Al Capone maintained soup kitchens for the poor's "benefit" even as his policies frightened investors away from those communities. All in the name of "public image." Carlos Slim's charitable donations are minimal, relative to his holdings at the nation's and North America's expense. The longer we take to fix the problem, the more lost generations there will be in Mexico that can't buy our exports.


29 posted on 04/08/2006 5:23:14 PM PDT by Shuttle Shucker
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To: monkeywrench

I'm not sure I agree with you AT ALL. For one thing, our national debt up here is 70% of annual GDP and it grew a lot during Reagan's era too. In Mexico the national debt's now down to 24%. For another, we pass prescription drug programs in the wake of Reagan's not cutting back FDR's social security program. But Felipe Calderon of the PAN has said such programs are unsustainable in Mexico even as they were nevertheless created in ways he couldn't control from the outside.

Meanwhile, in Mexico the federal agencies' employees really do answer their phones. How about in Washington DC? Did Reagan reform the civil service? Mexico's trying.


30 posted on 04/08/2006 5:26:09 PM PDT by Shuttle Shucker
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To: PresbyRev

You've got THAT right! Some say the Mexican "elite" are using the illegals up here to devalue U.S. property values so they can then buy it up and even reclaim it for Mexico someday (but mainly for themselves).


31 posted on 04/08/2006 5:27:32 PM PDT by Shuttle Shucker
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To: Libloather

Not unless we reform Mexico's racist, anti-gringo immigration laws. Until then, Americans have the deck stacked against them down there.


32 posted on 04/08/2006 5:28:25 PM PDT by Shuttle Shucker
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To: Shuttle Shucker
Whats legal in Mexico is whatever the Drug Cartel(government) wants legal to be for the moment..
Laws in Mexico?..... LooooooL...
33 posted on 04/08/2006 5:31:55 PM PDT by hosepipe (CAUTION: This propaganda is laced with hyperbole..)
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To: hosepipe

Well they say the same about us and our inability to stifle demand for drugs exported from Colombia, and up through an unwilling neighbor that happens to be located just south of the USA. While they have a point, we could benefit Mexico by ALSO letting our lust for genuine capitalism (not just drugs) spill over into their country. The monopolies in Mexico need to be confronted head on. The robber barons running them are NOT that powerful; we're simply too inactive and unhelpful to the Mexicans trying to fight them.


34 posted on 04/08/2006 5:35:26 PM PDT by Shuttle Shucker
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To: Shuttle Shucker

I meant that them not having acsess to the internet then us trying to protect our children from vile things.


35 posted on 04/08/2006 5:38:56 PM PDT by Stayingawayfromthedarkside (2008: Daddy what are Democrats)
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To: Shuttle Shucker
[ The monopolies in Mexico need to be confronted head on. The robber barons running them are NOT that powerful; we're simply too inactive and unhelpful to the Mexicans trying to fight them. ]

Evidently you know little about Mob Rule(democracy).. Who owns those businesses?.. The Mob owns businesses.. in the U.S. too.. The Mobs and/or a consortium of Mobs can own governments too.. i.e. U.S. Mexican border problem.. its not an accident..

36 posted on 04/08/2006 5:48:07 PM PDT by hosepipe (CAUTION: This propaganda is laced with hyperbole..)
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To: Shuttle Shucker
Mexico developed health care breakthroughs during the 1970's when petroleum prices were so high globally, so that's when their baby-boomer generation emerged.

Certainly, you will name these health care breadkthroughs and correlate them with their baby-boomers emergence.

Mexicans flocked to the borders when factories were built after NAFTA. It was easy for them to cross the borders since we have virtually no border security. At that point in time I can remember seeing Tyson Food ads in the local newspaper advertising for workers saying you don't have to speak English. The jobs were for Arkansas, Alabama and other poultry producing states.The newspaper was only 9 miles from Mexico.

We have poured billions into Mexico trying to make them into something that they are not. Naturally, we have a huge trade deficit with them. We Americans don't have a clue as to how much tax dollars have been given to Mexico to make NAFTA look good. Every time Condi Rice goes to Mexico she takes a handful of millions to just give away.

Reformers in Mexico????????V. Fox. Don't make me laugh. Mexico is a socialist country and will remain so.

Quite frankly, I could care less who wins the election in Mexico.

37 posted on 04/08/2006 5:58:07 PM PDT by texastoo ("trash the treaties")
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To: hosepipe

It's also not a problem that is without potential solutions. If that anti-monopoly law gets passed in Mexico, a major step will have been taken in the direction of progress. And if the USTR in Washington DC gets the foreign capital restrictions lifted via the WTO Doha Round...


38 posted on 04/08/2006 6:01:20 PM PDT by Shuttle Shucker
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To: texastoo

>>>Certainly, you will name these health care breadkthroughs and correlate them with their baby-boomers emergence.<<<

Well, I don't advocate universal healthcare but Mexico adopted something akin to it, so infant mortality rates declined drastically.

If Mexico is socialist, what do you consider the USA? Our SOCIAL security stipends are far greater and more readily available, as is our prescription drug ENTITLEMENT. And our national debt dwarfs Mexico's, far less than our economy dwarfs Mexico's economy.

It's easier to fix Mexico than it is the USA, but once we fix Mexico it's easier to fix the USA by pointing to how the proposed reform already materialized nearby so why not here.


39 posted on 04/08/2006 6:04:54 PM PDT by Shuttle Shucker
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To: Shuttle Shucker
[ And if the USTR in Washington DC gets the foreign capital restrictions lifted via the WTO Doha Round... ]

Must'a hurt when you fell off the turnip truck(shuttle)..
You're response to my post was and is a non sequiter..
When yer eyes focus back ... respond..

40 posted on 04/08/2006 6:14:56 PM PDT by hosepipe (CAUTION: This propaganda is laced with hyperbole..)
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