Since December, when the Mexican government passed sweeping constitutional reforms to create a more competitive businesses climate, change has come at a dizzying pace. New tax, education and labor laws have been enacted, the telecom sector is being revamped, and the country’s competition laws are being rewritten. Most significantly, the government is set to end its monopoly on the energy sector this year, opening it to competition for the first time in 75 years.
“These are some of the most ambitious reforms ever seen in Mexico, especially in the energy sector,” says Vicente Corta Fernández of White & Case’s Mexico City office. Andrés Ochoa-Bünsow of Baker & McKenzie’s Mexico City office says the changes have come so quickly it’s been a challenge to stay current: “All law firms are scrambling just to keep up to date with a whole slew of reforms. The energy reform is the mother of reforms.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
