U.S. regulators have been attempting to deal with the negative affect that a few large Internet providers might have on competition. Meanwhile, elsewhere in the world, new mobile technologies have been encouraging competition.
Yesterday, at Mobile World Congress in Barcelona, Spain, the chairman of the U.S. Federal Communications Commission, Tom Wheeler, promoted the net neutrality rules that the FCC recently voted to adopt, and bragged that the U.S. would “continue to be the world leader” in high-tech telecommunications. The FCC’s rules would prevent Internet service providers (ISPs) from prioritizing certain content. Critics say such “fast lanes” would undermine the principles that have led to online innovation (see “FCC Chief Proposes Broader Net Neutrality Rules”). Continue reading
A program designed to boost investments in the scientific infrastructure of Europe’s lagging regions by pairing them with elite institutes elsewhere on the continent has proved unexpectedly popular. The European Commission has received 169 scientific business plans for the scheme, dubbed Teaming, and may be able to advance only 16% of the proposals to the next round of the competition. The commission will start reviewing the proposals in Brussels next week.
“We were delighted,” says commission spokesman Michael Jennings. “The response exceeded our expectations.” It also triggered an automatic 20% boost to the evaluation budget, according to an internal commission document obtained by ScienceInsider. Continue reading
Mexico reopened its energy market to outside producers in August for the first time in more than 75 years. Until now, private companies could only serve as contractors to the national hydrocarbon or electricity monopolies.
Mexicans formerly took pride in keeping a major natural resource in national hands. Pemex, the state petroleum monopoly, provided almost a third of federal revenues. Yet Pemex’s production began dropping in the mid-1990s. In 2013, the U.S. Energy Information Administration (EIA) predicted (PDF) that by 2025 Mexican oil production would plunge by more than 50 percent from 2010 levels, despite the presence of the equivalent of 450 billion barrels of oil in Mexico, on par with Saudi Arabia’s resources. On August 25, citing the reforms, the EIA predicted a turnaround in the decline over the next few years and a return to growth by 2025. Mexico is now on the verge of an oil and gas boom. Continue reading
As part of a wider reform of its energy market, Mexico is privatizing its energy regulator and will begin allowing private companies to sell energy to, and add capacity to, its electricity grid. The country’s president, Enrique Peña Nieto, enacted the laws (English summaries) on Monday, August 11th (Spanish pdf). Petroleum and electricity have been state monopolies in law since the 1917 constitution and in practice since the late 1930s, when Mexico succeeded in expropriating foreign energy firms’ holdings.