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General

Mexico's IFT to probe 'illegal mergers' in telecom market

Tuesday 29 May 2018 | 10:33 CET | News
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Mexico's communications regulator IFT has announced the launch of an investigation into possible illegal concentrations in the country's telecommunications and pay-TV markets. The IFT said its investigative authority would be carrying out the probe into potential breaches of competition rules via mergers that could increase the substantial power of one or more economic agents or prevent third parties from accessing the market. The investigation began on 18 May and will last no longer than 120 days but can be extended up to four times if necessary, said the watchdog.

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Categories: General
Companies: IFT
Countries: Mexico
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