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Mexico cranks up antitrust rules against Slim's America Movil

Thursday, March 9, 2017


Billionaire Carlos Slim's America Movil said on Wednesday that the Mexican telecommunications regulator had stepped up antitrust rules against the company, including ordering it to separate out part of its fixed-line infrastructure.

America Movil, controlled by the family of Slim, has been subject to tougher regulations since 2014 as part of a sweeping sector reform aimed at making the market more competitive.

Source: Reuters