Mexico’s telecom regulator, Cofetel, has approved a proposal for “the first auction of television frequencies in the history of the country.” The auction will sell two new nationwide broadcast television channels. Cofetel reasoned that the channels will provide greater consumer choice and increase competition in the television market, in which Televisa and TV Azteca have a combined share of 95 percent.
What remains unsettled is when the auction will take place, and if Televisa and TV Azteca would be allowed to bid in the auction. The final terms of the auction will be determined by both Cofetel and Cofeco, Mexico’s antitrust regulator.
Full content: Chicago Tribune
Related content: Two-Sided Telecom Markets and the Unintended Consequences of Business Strategy (Leonard Haverman, Haskayne School of Business, University of Calgary)
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