Popular:

Televisa dominates pay television, affecting competition, regulator says

The Federal Telecommunications Institute (IFT) of Mexico ruled that the Televisa group has a dominant position in the pay television market, since it can set prices and Restricting supply, affecting competition.

Mexico, March 2 (EFE) .- The Federal Telecommunications Institute (IFT) of Mexico ruled that the Televisa group has a dominant position in the pay television market, as it can To set prices and restrict supply, affecting competition.

In a newsletter, the IFT explained today that during the period examined - from January 2009 to August 2014 - "there were efforts Competitors to gain market share, but Grupo Televisa had the ability to counter those efforts without losing holdings. "

It also identified the existence of Significant barriers to the entry of competitors due, inter alia, to "the investment requirements in infrastructure, access to audiovisual content and advertising".

Being Qualified as an agent with "substantial power" is considered to be only damaging if that power is abused to displace other companies from the market.

After the full IFT Its decision on Monday by a majority of votes, the institution will initiate a procedure to determine the obligations it imposes on Televisa, according to the regulation.

The resolution Can lead to impose a series of measures to the largest group of Spanish-language media to promote competition, such as limiting content exclusively, forcing it to share Infrastructures or sell some assets.

In March 2015, the investigating authority of the IFT ruled, in a preliminary ruling, that Televisa dominated the Cable in 2,124 Mexican municipalities, but the full body determined in September of that same year that it lacked "substantial power" by five votes to two.

On January 19, 2017, as Resulting from a challenge brought by Project 40, a subsidiary of the company Televisión Azteca, a collegiate court ordered the IFT to revoke the original resolution and issue a new

For the review the analysis period was modified, so the IFT only took into account data from January 2009 to August 2014.

The Televisa group Which controls about 60% of the pay television market, considered the new resolution "unconstitutional" and does not comply with "the guidelines of the collegiate court."

Announced in a statement that it will "promote the means of defense within its reach" and defend its position "vigorously."

The group recorded a net profit of 5,333.4 million in 2016 (267 million dollars), down 56.7% on the previous year.

Televisa operates four television channels in Mexico and distributes 25 pay-TV brands For distribution around the world and exports its programs to the USA.

Comments 0

?
No comments for this article yet!
EUR/USD

EURUSD=X

1.1747 -0,00 -0,24%
USD/CHF

CHF=X

0.9581 -0,00 -0,09%
GBP/USD

GBPUSD=X

1.3067 -0,02 -1,54%
USD/JPY

JPY=X

112.5670 +0,09 +0,08%
USD/CNH

CNH=X

6.8451 +0,01 +0,15%
USD/CAD

CAD=X

1.2912 +0,00 +0,06%
IBEX 35

^IBEX

9590.40 +6,70 +0,07%
IBEX MEDIUM..

INDC.MC

15377.30 -38,40 -0,25%
IBEX SMALL ..

INDS.MC

7490.80 +5,90 +0,08%
IBEX TOP DI..

INDD.MC

3047.90 +1,80 +0,06%
FTSE LATIBE..

INDB.MC

1249.20 +9,20 +0,74%
FTSE LATIBE..

INDL.MC

8444.10 +226,10 +2,75%
Abertis Inf..

ABE.MC

18.36 +0,00 +0,00%
Actividades..

ACS.MC

37.83 +1,03 +2,80%
Acerinox, S..

ACX.MC

12.24 -0,03 -0,24%
AENA, S.A.

AENA.MC

150.45 +4,75 +3,26%
Amadeus IT ..

AMS.MC

78.26 +0,46 +0,59%
Acciona, S...

ANA.MC

75.86 -0,12 -0,16%
Financial S..

XLF

28.74 -0,11 -0,39%
VanEck Vect..

GDX

18.78 -0,15 -0,79%
SPDR S&P 50..

SPY

291.99 -0,22 -0,07%
Vanguard FT..

VWO

41.80 +0,17 +0,41%
Direxion Da..

TZA

8.24 +0,12 +1,48%
Utilities S..

XLU

53.06 +0,22 +0,43%
Cookies help us to offer our services.
Reset Password