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Wireless

America Movil scores victory in battle to overturn fine

Wednesday 29 June 2011 | 09:53 CET | News
America Movil said it scored a legal victory in its attempt to overturn a record USD 1 billion fine as Mexico's antitrust chief was recused from voting on an appeal of the penalty. Eduardo Perez Motta, president of the Federal Competition Commission (CFC), must refrain from voting because of comments he made to news media before the fine was assessed, Bloomberg reports, citing Alfonso Lopez Melih, a lawyer for America Movil. Perez Motta cast the deciding vote to approve the fine in April, so his exclusion could change the outcome of CFC's vote on America Movil's appeal. The five-member

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Categories: Mobile & Wireless
Companies: America Movil
Countries: Mexico
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