It's not crony capitalism. It's called Mercantilism. And it's a first cousin of Fascism.
What Mexico has is called Oligarchy. This is rule by a connected few, who possess both wealth and government connections. In an oligarchy, the oligarchs use their governmental power to create loads of regulations. These regulations are never enforced against the oligarchs, but prevent any outsiders from establishing any business that competes against an oligarch’s business.