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Mexico’s CFC Explains $1Billion Fine Against Carlos Slim’s Telcel for Monopolizing Mobile Market

April 25, 2011 | by The Wall Street Journal | Latino Daily News

Sunday, Mexico’s Federal Competition Commission (CFC) confirmed in a press release that a $1 billion fine has been given to America Movil SAB (AMX, AMX.MX) unit Telcel accusing the mobile phone operator of using its market weight and interconnection fees to push out its competition. continue reading »