Police investigators work to obtain fingerprints on a door at the home where masked, armed men broke in, in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the mayor of Acapulco, five masked men burst into this house that Spanish tourists had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the six Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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Police investigators work to obtain fingerprints on a door at the home where masked, armed men broke in, in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the mayor of Acapulco, five masked men burst into this house that Spanish tourists had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the six Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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Mexican navy marines stand at a roadblock due to stepped up security after masked armed men broke into a beach home, raping six Spanish tourists who had rented the house in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the Mayor of Acapulco, five masked men burst into a house the Spaniards had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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State police check a taxi at a roadblock due to stepped up security after masked armed men broke into a beach home, raping six Spanish tourists who had rented the house in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the mayor of Acapulco, five masked men burst into a house the Spaniards had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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State police stand at a roadblock due to stepped up security after masked armed men broke into a beach home, raping six Spanish tourists who had rented the house in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the mayor of Acapulco, five masked men burst into a house the Spaniards had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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Navy marines stand at a roadblock due to stepped up security after masked armed men broke into a beach home, raping six Spanish tourists who had rented the house in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the Mayor of Acapulco, five masked men burst into a house the Spaniards had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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Police patrol on the beach outside a home after masked armed men broke into the home in Acapulco, Mexico, Tuesday Feb. 5, 2013. According to the mayor of Acapulco, five masked men burst into the house that Spanish tourists had rented on the outskirts of Acapulco, in a low-key area near the beach, and held a group of six Spanish men and one Mexican woman at gunpoint, while they raped the six Spanish women before dawn on Monday. (AP Photo/Bernandino Hernandez)
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Gina Rinehart's fortune shrank slightly, with commodity prices and media stocks falling.
Mexico hits Slim's Telmex with $52 million fine
MEXICO CITY (
AP) — Mexican regulators have fined billionaire
Carlos Slim's Telefonos de Mexico company $52 million (657 million pesos) for blocking a competitor.
Mexico's anti-monopoly commission said Thursday that 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.
Telmex controls nearly 80 percent of Mexico's fixed phone lines, and the commission says the refusal to connect Axtel to that network was a monopolistic practice.
Telmex is the dominant player in the field in part because it was a former government monopoly privatized in the 1990s.
Tags:
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