Telefónica must pay a 104 million peso (US$27 million) penalty, after it failed to notify competition authorities of its 2007 acquisition of a controlling stake in Telecom Italia.
Argentina fines telecom companies
Thursday, 07 January
Argentina overturns competition clearance decision
Wednesday, 23 December
Argentina’s Secretary of Domestic Trade has overturned a decision that allowed Cablevisión to acquire Multicanal. It is the first time Argentine regulators have revoked antitrust clearance for a merger.
Brazil opens LCD investigation
Friday, 11 December
Brazil’s Secretariat of Economic Law (SDE) is investigating an alleged cartel to fix prices for thin-film transistor liquid crystal display panels.
