A PYMNTS Company

Court order directs Cofeco to examine Inbursay-Telefonica collusion through shared board member

By  |  February 13, 2012

Reuters reports that it has obtained a copy of a January 30 order by the federal court that asks the Federal Competition Commission to look into the conflict of interest posed by Isidro Faine. Faine sits on the boards of both Inbursay and Telefonica, two rivals. The court believes that such an arrangement facilitates collusion between the two companies.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Source: Reuters

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

     

    Related content: Margin Squeeze in Mexican Mobile Telecommunications (Victor Pavon-Villamayor, Federal Communications Commission)