Audio – Mexico’s anti-trust eyes Televisa cable acquisition
Mexico’s lax regulation has encouraged the unabashed growth of monopolies in the last few decades, ranging from telecommunications to beer empires. Cable television is no stranger to conflict as Televisa, the world’s biggest producer of Spanish-language content, sets its eyes on triple play amid cries from smaller rivals struggling to keep afloat.
Eduardo Perez Motta, the head of Mexico’s Federal Competition Commission, sat down with Reuters during the Third Latin America Investment Summit to talk about a much-expected decision on a Televisa acquisition that would give the broadcaster a key push in the triple play market, where companies can offer cable TV, Internet and phone services using a single broadband link.
Perez Motta set a series of requirements that Televisa should meet, including sharing its content with rivals, if it wants to buy a 49 percent stake in Cablemas, one of the biggest cable companies in Mexico.