Mexico's Senate approves bill to dissolve independent regulatory bodies, merging them into ministries.

Mexico's Senate has approved legislation to dissolve autonomous regulatory bodies overseeing antitrust issues, energy, and transparency, integrating their functions into existing ministries. While the ruling party claims this will reduce corruption and public spending, critics argue it undermines transparency and regulatory independence. The proposal has faced strong opposition from industry and political rivals.

November 29, 2024
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