CFC to probe monopolistic practices in pay TV market, says report

Bnamericas Published: Friday, December 21, 2012
Mexico's anti-trust commission Cofeco (CFC) has launched a probe into potential monopolistic practices in the pay TV market, CNN Expansión reported. The CFC declined to comment on the issue as the investigation is not yet public, but a publication in the official gazette on December 20 indicated that the probe in "potential monopolistic practices to be investigated" fell under article 90, section III of the federal competition law. According to the report, the CFC will investigate an area of the market related to the production, distribution and sale of pay TV services, a segment where Televisa has a 55% market share through its units Sky, Cablemás, Cablevisión and TVI. "I think all points to Televisa," Salomon Padilla, VP of small cable TV operators association ARTM, was quoted as saying. Padilla said the probe might have risen from a rumor in the press that Televisa had acquired cable operator Cablecom without notifying the CFC. Cablecom has reportedly denied the rumor. Any probe would take 30-120 days.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: ICT

Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: ICT (Mexico)

Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Arneses y Conexiones, S.A. de C.V.  (ARCOSA)
  • Arneses y Conexiones, SA de CV is the OSCA-ARCOSA manufacturing plant located in Tijuana, in the Mexican state of Baja California. It was established in 1986 and dedicated to th...
  • Company: Grupo Televisa, S.A.B.  (Televisa)
  • Grupo Televisa is a Mexican media company and a participant in the international entertainment business. It distributes its programming throughout Latin America, Europe, Asia an...
  • Company: TV Azteca S.A.B. de C.V.  (TV Azteca)
  • Mexican broadcast giant TV Azteca S.A. de C.V., owned by Grupo Salinas, generates over 10,000 hours of content per year operating two national networks, Azteca 13 and Azteca 7 t...