HomeTop StoriesMexico fines AT&T and Warner Bros. Discovery for failing to disclose concentration

Mexico fines AT&T and Warner Bros. Discovery for failing to disclose concentration

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MEXICO CITY, Sept 8 (Reuters) – Mexico’s Federal Economic Competition Commission (COFECE) said on Thursday it fined AT&T(T.N) and Warner Bros. Discovery for failing to disclose a concentration related to the separation of Warnermedia’s business in Mexico.

The entity said in a statement the fine totals more than 51 million pesos ($2.5 million).

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($1=19.9600 Mexican pesos)

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Reporting by Valentine Hilaire and Adriana Barrera

Our Standards: The Thomson Reuters Trust Principles.

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