costa rica monopolies

Deputies aim to eliminate the secrecy in the electrical business of the Costa Rican Electricity Institute, ICE. This has a monopoly on the electricity business and has been covered in…

ICE has the right to conceal certain information related to its telecommunications business because there is competition, however, it concealed public information from the electricity sector and Sala IV condemned…

We all know the tales of ICE, Costa Rica’s Electricity monopoly. Their inability to run a business and continual losses are well documented. Now here is the fun part…..their losses…

Costa Rica News – ICE has publicly admitted having its numbers in red. The forecasted loss this year is ¢314,000 million. This is due mainly to two problems, the impact of…

Costa Rica News – Costa Rica’s telecommunications sector posted revenues amounting to ¢394 billion colones (around US$693 million dollars) in the first half of 2017.

Costa Rica News – The control of monopolies will complicate the process for Costa Rica to join the OECD, the Organization for Economic Cooperation and Development.

Costa Rica News – Until RECOPE, ICE and other government controlled and run entities in Costa Rica are broken apart or if competition is allowed Costa Rica will continue its…

Costa Rica News – Most of us that live in the land of “Pura Vida” have just grown accustomed to paying astronomical gasoline prices and fairly high electricity prices.  It…