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Mexico top court sides with regulator over America Movil 'preponderant' label


(This March. 3 story refiles to fix name to ‘Paxman’ in last paragraph)
FILE PHOTO: The logo of America Movill is seen on a wall at the company s corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso
MEXICO CITY (Reuters) - Mexico’s Supreme Court on Wednesday ruled in favor of the country’s telecoms regulator over a label that aims to curb the dominance of Carlos Slim’s telecommunications company America Movil.
The ruling deals a blow to one of the country’s largest companies in its ongoing fight to peel back restrictions.
Mexico’s Federal Institute of Telecommunications (IFT) acted within the constitution when it determined that the America Movil Economic Interest Group, made up of Telcel and other subsidiaries, is a “preponderant agent”, the court said in a statement. ....

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Mexico top court sides with regulator over America Movil 'preponderant' label | WSAU News/Talk 550 AM · 99.9 FM


By Syndicated Content
By Cassandra Garrison
MEXICO CITY (Reuters) - Mexico s Supreme Court on Wednesday ruled in favor of the country s telecoms regulator over a label that aims to curb the dominance of Carlos Slim s telecommunications company America Movil.
The ruling deals a blow to one of the country s largest companies in its ongoing fight to peel back restrictions.
Mexico s Federal Institute of Telecommunications (IFT) acted within the constitution when it determined in 2013 that the America Movil Economic Interest Group, made up of Telcel and other subsidiaries, is a preponderant agent in 2013, the court said in a statement.
That label opened the door for stricter regulations under a reform of the country s telecommunications industry, aimed at breaking up the dominance of Slim s telecoms empire. ....

Stephen Coates , Roger Entner , Carlos Slim , Andrew Paxton , Teaching Center , Mexico Economic Research , America Movil , Mexico Federal Institute Of Telecommunications , America Movil Economic Interest Group , Mexico Supreme Court On , Supreme Court , Federal Institute , Economic Research , Cassandra Garrison , ஸ்டீபன் பூச்சுகள் , கார்லோஸ் மெலிதான , ஆண்ட்ரூ பாக்ஸ்டன் , கற்பித்தல் மையம் , மெக்ஸிகோ பொருளாதார ஆராய்ச்சி , அமெரிக்கா மோவில் , மெக்ஸிகோ கூட்டாட்சியின் நிறுவனம் ஆஃப் தொலைத்தொடர்பு , அமெரிக்கா மோவில் பொருளாதார ஆர்வம் குழு , மெக்ஸிகோ உச்ச நீதிமன்றம் ஆன் , உச்ச நீதிமன்றம் , கூட்டாட்சியின் நிறுவனம் , பொருளாதார ஆராய்ச்சி ,