Reuters reports that Mexico’s telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line company Telmex from the rest of his company.
It was reported that Monday night, the IFT’s seven-person board voted on whether to toughen, maintain or loosen rules for America Movil dnd broadcaster Grupo Televisa, according to Reuters.
It could not be confirmed whether they voted on the issue of forcing Slim’s company to separate part of Telmex, however, two of the sources said they expected the proposal to be on the table.
The measure, which was considered internally in recent weeks and months, would mean that the Federal Telecommunications Institute does not believe antitrust measures against the company are enough to generate competition.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI