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Mon, Jun 16

What's the purpose of the Brazilian regulations (electric power)?

The "official" answer is to ensure that the electricity sector operates in a balanced and competitive manner for all members of the value chain.

This is far from what happens in Brazil. We are among the most expensive considering our competitors - the BRICS countries.

In other words, regulation is a mountain of paperwork that does not fulfill its main function, which is to make productive activity - especially the industrial one - viable in a competitive manner.

Regulation as it stands points to a significant cost without delivering the associated value. And the result is the loss of Brazil's industrial GDP. What saves Brazil is agriculture!

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