 In February 2013, marine resources were privatized for “a period of 20 years, renewable and transferable,” disproportionately benefiting the big industrial fishing companies.Seven families will profit from the “Longueira Act”, named after the Economy Minister who created it.The beneficiaries are the Angelini, Sarkis, Stengel, Cifuentes, Jiménez, Izquierdo and Cruz families, who will enjoy no less than three million dollars in annual profits.