Mexico Talks Monopoly Reform - A Good Step to Increasing Efficiency in Mexico

Posted by D. Daniel Sokol

Mary Anastasia O'Grady's weekly op-ed on the Americas focuses this week on PEMEX- the Mexican oil monopoly and potential efforts to privatize it. Given the relative success of privatization (at least when the introduction of competition goes hand in hand with such privatization measures), this would be a good development for Mexico, even if politically difficult. I have written in detail about privatization and competition here.