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IPFS News Link • Mexico

Mexico Congress passes sweeping telecoms bill


The final approval of the Senate was given after more than a month of discussion in both houses.

The bill now needs to be approved by a majority of the state congresses.

The reform may challenge the empire of the world's richest man, Carlos Slim, whose America Movil company controls two-thirds of the phone market.

It is also likely to affect the interests of Latin America's biggest television network, Televisa, which has a 70% share of the audience.

1 Comments in Response to

Comment by Don Duncan
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I find it difficult to believe that govt. can enhance freedom by passing more laws. Since the monopolies they abhor exist by their law, wouldn't abolishing those laws level the playing field? No more law needed. Of course, that is not their real intention.