Mexico’s National Chamber for the Radio and Television Industry (CIRT), an industry group, released a harsh statement against the country’s telecommunications regulator, IFT. The document warns the regulator that the plan to release 257 new radio frequencies for commercial use will not result in better competition, but in market over-saturation.
The chief of the IFT’s Radio Spectrum Unit, Alejandro Navarrete, responded to the CIRT’s complaints by highlighting that, for over 22 years, not a single new frequency has been added to commercial radio. “This is the first time in 22 years… And the first time in Mexico’s history where it’s being done through public bidding contests.” Furthermore, he added, the move has been motivated in part by the requests of various individuals (many of them members of the CIRT themselves) to increase the availability of frequencies in certain locations.
Finally, Navarrete made clear that there will be a series of requirements which all new bidders will have to meet in order to assure the technical, legal and management capabilities of bidders. Those who pass these tests will be given an official certification, allowing them to take part in the upcoming bid for frequencies.
Full Content: Radio Fórmula
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU’s Incoming Competition Head Pushes for Policy Shift to Support ‘European Champions
Sep 19, 2024 by
CPI
Google Challenges $217 Million Legal Fee Demand in Privacy Case
Sep 19, 2024 by
CPI
EU Moves to Enforce Apple’s Compliance with New Market Rules
Sep 19, 2024 by
CPI
California Attorney General Bonta Stands Firm Against Albertsons-Kroger Merger
Sep 19, 2024 by
CPI
New FTC Report Highlights Privacy Risks in Social Media Data Use
Sep 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández