By: Forbes Real Time
June 11, 2013 at 16:13 PM EDT
Mexican Billionaires Slim and Azcarraga Not Concerned With Impact Of New Anti-Monopoly Telecom Law
This week Mexican President Enrique Peña Nieto signed into law a landmark telecommunications bill designed to boost competition in Mexico’s phone and television industry. This has led to the generalized perception that the new law -- which allows regulators to make dominant phone and television companies sell off assets-- will have a negative impact on Mexican tycoon Carlos Slims Helú’s telecom empire, as well as on his fellow Mexican billionaire Emilio Azcarraga Jean’s television dominance.
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