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Mexico's Telcel deemed dominant, faces tougher regulation

03/28, 8:05pm

Telcel to face pro-competition restrictions

Mexico's Federal Competition Commission ruled late Tuesday that Telcel was a dominant company and would face extra regulation. The unanimous vote observed by Dow Jones rejected an appeal while simultaneously flipping an earlier decision that lusacell and Telefonica's Movistar were also dominant in the country. Their ability to negotiate deals wasn't as powerful given their smaller influences in Mexico, officials decided.

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