• MX: AT&T and Discovery will pay a fine established by Cofece to speed u

    From Bill Horne@21:1/5 to All on Tue Sep 13 15:20:28 2022
    (Article translated from Spanish - Mod)

    AT&T and Discovery will pay a fine established by Cofece to speed up
    their merger

    The antitrust entity imposed a fine of 51,573,920 pesos on both
    companies and gave them a period of 30 days to pay the sum.

    By Ana Luisa Gutierrez

    AT&T and Warner Bros will pay the fine of 51,573,920 pesos imposed by
    the Federal Economic Competition Commission (Cofece) for failing to
    notify a merger in terms of the Federal Economic Competition Law.

    https://expansion.mx/empresas/2022/09/12/att-discovery-pagaran-multa-cofece-para-acelerar-fusion


    ************************ Moderator's Note ************************

    51, 573,920 Pesos is about 2,570,425 U.S. Dollars as of 9/13/2022, per
    the Google Currency Converter

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