Warning on Mexico's Autonomy Loss

Valeria Moy from IMCO warns that eliminating seven autonomous agencies poses risks to Mexico's competitiveness. These agencies are crucial for market regulation and consumer rights protection, ensuring fair competition and avoiding monopolies. The new administrative structure may affect transparency and accountability in economic decisions.


Warning on Mexico's Autonomy Loss

The director of the Mexican Institute for Competitiveness (IMCO), Valeria Moy, has expressed her concern about the disappearance of seven autonomous bodies in Mexico, which could put national competitiveness at risk. According to Moy, it is essential to guarantee the independence of regulatory, evaluative, and transparency functions to maintain the country's competitiveness. In this regard, it is necessary for the technical decisions of the new institution responsible for ensuring economic competition to be independent of the Executive Branch.

Among the bodies that would be affected is the National Institute for Transparency, Access to Information and Personal Data Protection (INAI), as well as other key organizations for regulation and competition in the market, such as the Energy Regulatory Commission (CRE) and the National Hydrocarbons Commission. These entities play a crucial role in ensuring fair conditions in the market and preventing monopolies and monopolistic practices for the benefit of consumers.

Valeria Moy has highlighted that with the disappearance of these autonomous bodies, their functions will be absorbed by the secretariats of the federal public administration, which raises doubts about the effectiveness of this measure. She warns that this situation could represent a setback in terms of access to information, combating monopolies, and protecting consumers' rights. In this regard, she emphasizes that it is essential to preserve the independence and autonomy of these institutions to guarantee a competitive and equitable environment in the market.