Wednesday, January 4, 2012

FTC looks to block Claro/Digicel merger

Jamaica’s Fair Trade Commission (FTC) has filed a lawsuit with the High Court seeking to scupper the planned merger of wireless operators Claro Jamaica, a subsidiary of Mexican telecommunications powerhouse America Movil (AM) and Digicel Jamaica, part of the pan-Caribbean Digicel Group. The FTC believes that the merger will seriously hinder competition and will have an adverse effect on customers.


Read this article:
OVETEL FTC looks to block Claro/Digicel merger

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