Ecuador’s government has announced that new tariffs will be introduced for TV, Radio and Cable operators. The new tariffs will be increased, in line with the formula used for private mobile telephone costs.
Current rates, which were fixed by CONARTEL in 2008, were a response to a deep-seated corruption within the industry, where annual fees for broadcasters could be as low as a few cents.
The renewal process, to be completed within 3 years, would justify a new and drastic rise in prices by pointing out the enormous profits earned by private broadcasters. The 2008 constitution demands that at least 33% of the available spectrum is to be assigned to private operators.
The announcement represents a new point of conflict between Ecuador’s president, Rafael Correa and the press, who have engaged in mutual hostilities since the beginning of his term. Journalist associations and industry groups have yet to comment on the announcement.
Full content: Ecuador Inmediato
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI