The Mexican Competition Commission accepts commitments and revokes monopolization fine imposed on telecommunications company (Telcel)

The Mexican Federal Competition Commission ("CFC") has revoked a fine of approximately US $1 billion that it had imposed on Mexican telecommunications company Radiomóvil Dipsa, S.A de C.V. (Telcel), a subsidiary of América Móvil, owned by Mexican billionaire Carlos Slim.The revocation resulted from Telcel having agreed to comply with certain commitments, including suspending the conduct that led to the CFC investigation and decision to fine, taking advantage of a peculiar feature of Mexican Competition Law. In April 2011, the CFC decided to fine Telcel for monopolistic conduct in how it charged competitors for terminating their calls on

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

Quotation

Javier Martinez Del Campo, Manuel Romano, Jesús Gabriel Altamirano, The Mexican Competition Commission accepts commitments and revokes monopolization fine imposed on telecommunications company (Telcel), 3 May 2012, e-Competitions Bulletin Telecom & Dominance, Art. N° 50037

Visites 55

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues