Mexico’s Senate has given its approval to the seven nominees that will head up the country’s new telecoms regulator created as part of legislation designed to enhance competition in the Mexican telecoms sector. Reuters reports that Gabriel Oswaldo Contreras will head up the new watchdog, which is known as Instituto Federal de Telecomunicaciones (Ifetel), having previously worked as a legislative adviser within the president’s legal office; he will serve until 2020. Meanwhile, the Senate is also understood to have ratified six of the seven nominees selected to oversee the country’s newly created competition authority, Comision Federal de Competencia Economica (CFCE).
As noted in TeleGeography’s GlobalComms Database, Ifetel will have the power to order those companies adjudged to dominate their market to sell off assets, while it will also be able to limit companies from seeking to stall competition through continued litigation, with special courts expected to deal with regulatory disputes, and prohibit companies from blocking regulatory decisions through legal means while they are being challenged in court. The new regulatory body is expected to be in full operation by the end of this year, while its first rulings are likely to be issued in the first half of 2014; as per the new legislation, Ifetel has six months from the date it is set up to determine which companies are dominant in their respective markets, and to take necessary measures to guarantee competitive conditions.