Mexico’s Federal Competition Commission (CFC) has annulled a 12 billion pesos (US$1 billion) abuse of dominance fine imposed on telecoms giant América Móvil – the largest penalty ever imposed by the authority.
Mexico’s Federal Competition Commission (CFC) has confirmed Telcel’s dominance in the country’s call termination market, and has also downgraded its assessment of Iusacell and Telefónica’s market power.
Mexico’s Federal Competition Commission (CFC) has fined concrete and cement manufacturer Cemex 10.2 million pesos, or more than US$800,000, for allegedly stopping a rival from importing cement from Russia in 2005.
Mexico’s Federal Competition Commission (CFC) published its long-awaited decision on the merger between Televisa and Iusacell yesterday, outlining the reasons behind the prohibition and opening the possibility for the companies to present commitments to allay competition concerns.
Mexican mobile company Grupo Iusacell has expressed concern that the country’s Federal Competition Commission (CFC) will reject its planned tie-up with media company Televisa, warning that doing so would mean the loss of a valuable chance to challenge dominant telecoms company Telmex.
Antitrust agency heads from the US, Canada and Mexico met in New York on Monday to discuss policy issues and cement co-operation between the four authorities
Mexico’s three largest mobile phone companies are dominant in the market for completing calls, according to the country’s Competition Commission. The ruling means the companies could come under increased regulation by Mexico’s telecommunications body.
Mexico’s Federal Competition Commission has cleared the bottling joint venture between drinks companies PepsiCo, Grupo Embotelladoras Unidas (Geupec) and Empresas Polar.
Mexico’s Federal Competition Commission (CFC) has confirmed its earlier findings that telecoms heavy weight Telmex is dominant in the market for fixed line phone calls.
Mexican telecommunications company América Móvil has made a US$6.5 billion offer to buy the remaining shares of rival Telmex. América Móvil already owns 60 per cent of Telmex, the country’s fixed line market leader.
Mexico’s Federal Competition Commission (CFC) says that its president, Eduardo Perez Motta, is not allowed to vote on a challenge by América Móvil against a US$1 billion abuse of dominance fine.
Mexico’s Federal Competition Commission now has the power to impose criminal sanctions for hard-core cartel offences, following reforms to the country’s competition law last week.
GCR speaks to the head of Mexico’s Federal Competition Commission (CFC) about América Móvil’s claims of unfair treatment and what the country’s competition law reforms mean to him.
América Móvil will challenge the reasoning behind a record US$1 billion fine Mexico’s Federal Competition Commission (FCC) levied against it for abuse of dominance in the market for call termination rates.