Court upholds procedure for setting rates and tariffs

The Sala IV has rejected a claim of unconstitutionality in the way the nation’s price regulator sets fees.

The Authoridad Reguladora de Servicios Públicos had set up a committee to set rates, and this procedure had been challenged.

During the two months that the rates set by the committee were frozen, there were 31 decisions that will translate now to more costs for citizens. They include electricity, other utilities and bus fares.

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