Mexico Fines Telmex $52M For Denying Rival Network Access

Law360, New York (February 7, 2013, 8:16 PM EST) -- Mexico's antitrust agency slapped America Movil SAB de CV unit Telmex with a $51.6 million dollar fine for monopolistic practices on Thursday, saying that Telmex refused to allow competitor Axtel access to its network.

The 657 million peso fine relates to “dedicated links” which are necessary to provide telecommunications services to end users, Mexico's Federal Competition Commission said in a statement, adding that Telmex controls most of the links in different localities and intercity routes in Mexico.    

Because of its market power, Telmex is supposed to...
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