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Business News | June 2007
Mexico's Calderon to Consider Court's Media Ruling Reuters
| Mexico's President Felipe Calderon talks to the media during a joint press conference with European Union Foreign Affairs and Security Chief Policy Javier Solana, unseen, at the end of their meeting at the EU Council building in Brussels, Wednesday June 6, 2007. (AP/Thierry Charlier) | In a rare legal setback for Mexico's dominant business interests, the judges ruled on Tuesday that broadcasters cannot automatically use frequency that is freed by improved technology to launch telecommunications services.
The court also ruled that new concessions should not necessarily go to the highest bidder.
Calderon, on a visit to Europe, said he was not yet familiar with the court's decision or how much change it would require to Mexico's broadcasting laws.
"I will gather up the different points of view of all the interested parties, of society, of Congress so that we have a telecommunications system that is in line with the modern Mexico we want," he told reporters.
"Of course it will respect the rights of everyone," said Calderon, who has vowed to promote competition in industries from telecommunications to cement but has made little progress since taking office in December.
Tuesday's ruling was a loss for Televisa, which has a 70 percent share of Mexico's television audience and is one of the country's most powerful companies.
Mexican lawmakers previously complained to the Supreme Court about the so-called Televisa Law, which they criticized as favouring Televisa and No. 2 broadcaster TV Azteca. |
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