Mexico Energy Reform Sparks Wave Of Lawsuits ...Middle East

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Mexico Energy Reform Sparks Wave Of Lawsuits
The Mexico chapter of the International Chamber of Commerce (ICC) expects a wave of international arbitrations and lawsuits in the coming weeks after Mexico enacted this week a new law that favors state-owned electricity generation companies over private power firms. Mexican President Andrés Manuel López Obrador pushed in recent weeks a new law for the country’s electricity sector, which strengthens state control over the power generation sector by promoting state-owned companies. The antitrust regulator of Mexico, COFECE, said…

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