Government into business

[NewsWhore]

The National Business Council (CONEP) held a press conference yesterday to express concern that text has been included in the constitution bill now into its second reading in Congress that would enhance the government's role as a business entity. CONEP president Lisandro Macarrulla says that government should be a regulator, not a participant in business activity. He is referring to the clause that states that the government "can on its own or in association with private business, exercise business activity." CONEP says that this would turn government into a formidable competitor in business, violating the current rules of the game and creating a situation of inequity as well as opening doors to unfair business practices that are now penalized by free trade agreements.

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