Mexico hits Slim's Telmex with $52 million fine

, The Associated Press



Mexican regulators have fined billionaire Carlos Slim's Telefonos de Mexico company $52 million for blocking a competitor.

Mexico's anti-monopoly commission said Telmex refused to connect local and domestic land-line calls to Mexican competitor Axtel for 10 months in 2009 and 2011.

This is the third time the commission has fined Telmex for the same type of violation.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202587559274

Thank you!

This article's comments will be reviewed.