Telecom Argentina antitrust case halted by Argentina court

www.WirelessFederation.com/news: Antitrust Commission ruling that Spain’s Telefonica SA’s ownership stake in Telecom Italia SpA violated the country’s competition laws has been thrown out by an Argentine court which in turn ruled that the CNDC, doesn’t have the right to order Telecom Italia to sell its shares in Telecom Argentina.

According to the decision, a federal court for the defense of competition must be formed to rule on the issue and it also feels that it’s truly a legal scandal that the law, passed in September 1999, that is over ten years ago, has not been complied with because of a delay from the executive power.