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Mexico Antitrust Chief Can’t Vote on Fine, El Financiero Says

Aug. 5 (Bloomberg) -- A Mexican judge rejected a legal challenge from the nation’s antitrust chief that would have allowed him to vote on the appeal of a $1 billion fine against America Movil SAB, El Financiero newspaper reported.

Eduardo Perez Motta, head of the Mexican Federal Competition Commission, sought to reverse a decision by his fellow antitrust commissioners recusing him from voting on the fine for anticompetitive practices against the largest wireless provider in Latin America.

A Mexico City court said Perez Motta’s challenge was “inadmissible” El Financiero reported, citing a court document.

Some commissioners from the antitrust agency voted to bar Perez Motta from voting on America Movil’s appeal of the fine, saying he had shown bias on the matter in radio and TV interviews in May.

Axtel SAB, Mexico’s second largest fixed-line provider, and Megacable Holdings SAB, the nation’s largest cable provider, also challenged the exclusion of Perez Motta from voting on America Movil’s fine, El Financiero reported.

Link to Company News:{AMXL MM <Equity> CN <GO>}

To contact the reporter on this story: Adriana Lopez Caraveo in Mexico City at adrianalopez@bloomberg.net

To contact the editor responsible for this story: Jonathan Roeder at jroeder@bloomberg.net

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