Due to a number of commission meetings by the Executive and Senate of the Republic, the Federal Commission of Economic Competence (Cofece) announced that it had suspended the position to issue a resolution on barriers to competence in the payment system with cards.
In December 2020, this autonomous body will issue a preliminary ruling, establishing that there are no effective competency conditions in the pay-as-you-go system in Mexico, making it possible to observe barriers that impede entry and increase new costs. in addition to inhibiting innovation and inversion, and increasing the costs of banks that affiliate with businesses. Notwithstanding, for a final resolution fold the allegations of the parties involved.
In this dictation preliminary, it is proposed, among other media, that the banks incorporate their actions into the E-Global and Prose compensation chambers, of which they are also the co-owners. “The lack of conditions of competence in the services that this redemption offers, affecting consumers and businesses, stifling banking and financial inclusion”, explained on this occasion.
We do not raise the sufficient votes
This March, the Cofece, in front of Brenda Hernández, – and the replacement of Alejandra Palacios, who ends his second term in the body in September 2021–, details that the Ley Federal de Competencia Económica establece establishes the affirmative vote of the less five commissioned to resolve procedures that determine the existence of barriers to competence and essential sums, but it is its governing body only with four integral seats that by constitutional mandate must be complied with.
It states that, in accordance with the Constitution, it is the responsibility of the holder of the Executive Power, to propose to the Senate the persons occupying the vacancies of the full office of Cofece, who must select from the three lists of the Evaluation Committee, in accordance with the Bank of Mexico and the National Institute of Statistics and Geography, will be held in November 2020, as well as in March and November 2021.
“The aspirants will occupy the positions of their experts in economic competence who will pass an examination of technical knowledge and pass a rigorous evaluation process”, he explained.
Aggregating the introduction of the Executive Title, the Cofece presented, in December 2021, a constitutional controversy to complete the Constitution, concluding with the selection of commissioners and an essential condition for owning all its faculties.
The executive executive of the Federal Executive and the Senate will designate women in order to accommodate the vacancies of commissioners, with the conclusion that they are likely to disagree with this and other relevant cases for the benefit of market efficiency and for the best. of consumers.
Dicha suspension is summed up in other decrees passed by the Plenum in November, when it became impossible, due to the lack of commission designation, to continue the disagreement of legal proceedings.
Reference-www.eleconomista.com.mx