Mexico's competition watchdog fines Slim company $52 mln
MEXICO CITY Feb 7 (Reuters) - Mexico's competition watchdog on Thursday fined the fixed-line phone company controlled by Carlos Slim $52 million for monopolistic practices, according to a commissioner to the Federal Competition Commission.
Telmex, which is part of Slim's phone behemoth America Movil , was fined 657 million pesos, commissioner Miguel Flores announced via twitter.
A spokesman for the competition commission did not immediately respond to a request for details.
A Telmex spokeswoman declined to comment immediately.