Mexico industry: The post office bids for a monopoly niche
When Mexico’s Congress meets for its next session in September, lawmakers are to revive a bill submitted two years ago that will pit supporters of free-market competition against defenders of state industry. The proposal would hand the letter carriers at Servicio Postal Mexicano (Sepomex), Mexico’s state-run post office, a virtual monopoly on all packages weighing 350 grams or less, except in cases where private firms offer premium services like tracking or digital signatures or if their pricing is at least double the state company’s fee.
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