Mexico’s past experiences in transferring strategic state-owned assets to private companies has often delivered mixed results, with telecommunications and banking being two of the most revealing examples. In these two cases, Mexicans have endured the consequences of market concentration and high prices, while on the part of investors the outcome has been handsome profits. Thus, it comes as no surprise that decision to open the energy sector in 2013 was hugely controversial.

Source: Mexico´s Oil And Gas Reform Gains Momentum

Share This