Before Wednesday, April 24th, the Mexican government appeared to be pushing for a new ruling that would limit and censor the use of the internet and telecommunications throughout Mexico. On the 24th, the day following the end of anti-censorship protesting riddled with conflict in Mexico City, the government 'stepped away' from the proposal. While this proposal was supposedly drawn up for the simple purpose of improving public safety standards, many aspects were controversial. An especially protested aspect of the proposed ruling was the internet blocking capabilities it possessed. It would allowed the government to block the signals of most civilian telecommunications at any time.
This proposed bill, if passed, could affect the economy in Mexico. While most protesters of this ruling are against the censorship and limited-speech aspects of the proposal, constant and free communication is crucial to the flow of the market system. As is evident throughout history, all markets rely on the prompt communication of the parties involved. With communication being restricted, in this case by the government, markets of all capacities would be affected.
This situation, where protesters are adamantly against the passing of the proposed bill, occurred as the Mexican government grew closer to turning this proposal into reality. This situation will be resolved if the government chooses to forgo the enactment of this ruling, a process that already seems to be underway. Obviously, more in-depth policies regarding internet use and telecommunications would improve the situation. However, censorship and speech-limiting rulings are not favorable.
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