Colombian lawmakers shelved a bill designed to challenge the dominance of America Movil in the mobile industry. A Senate committee voted 6-3 to drop the measure, which would have restricted any operator from controlling more than 30 percent of the market, Bloomberg reports, citing a government statement. Senators claimed that the country's constitution already includes measures to stop anticompetitive behavior. America Movil, whose Claro unit has 62 percent of Colombia's mobile-phone lines, can now keep subscribers it would have had to shed under the proposed law.
