Brazil’s next revolution should come in telecoms

brazil new telecom law

There is no doubt that the major macroeconomic reforms to overhaul the pension and tax systems are the hottest topics on the Brazilian political and economic agenda for 2019. However, the ultra-liberal Economy Ministry’s bid to shake up Brazil’s economy and make Brazil “pro-business” goes way beyond these reforms. The process will also require an update to several regulatory frameworks. Among the ongoing battles, Congress has already addressed the possibility of foreigners owning airlines in Brazil—thus spurring competition—but as pension reform debates ramped up, two of the most important sectoral issues were put to one side: new regulatory frameworks for...

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