Mexico’s Top Court Sets Back President’s Electricity Strategy

Mexico’s Top Court Sets Back President’s Electricity Strategy

Mexico’s Supreme Court on Wednesday ruled that changes in regulations for the country’s electricity market giving priority to the state-owned utility over private power generators is unconstitutional.

The ruling is a setback for President Andrés Manuel López Obrador’s plans to restore the dominance of state-owned energy companies, and bodes badly for a bill he sent to congress this week that would give the state-owned utility CF

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