El Salvador’s competition regulator, the Superintendencia de Competencia (SC), has announced that it has denied the proposed acquisition of Digicel El Salvador by Mexican mobile giant America Movil’s (AM’s) local unit Claro. On 28 March 2012 AM initiated a new procedure to acquire Digicel El Salvador, after deciding to discontinue the process the previous December following a decision by the SC to impose a number of conditions on the deal. In July 2012 the SC accepted the new application for further analysis, but pursuant to a technical, legal and economic analysis carried out by the antitrust body, the board of directors has decided to block the proposed deal on the grounds that it would have an adverse affect on competition and consumer welfare in the fixed and mobile markets.
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OVETEL Claro’s proposed acquisition of Digicel rejected by antitrust body
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