• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers
Ecuador’s oil production falls 51% due to national strike
Guillermo Lasso announces that the National Police and the Armed Forces will act with the necessary means to defend public order and democracy

Claro has 20 working days to appeal fine

Posted On 11 Feb 2014

The mobile phone company Claro (Conecel) has 20 working days to appeal the sanction issued on last Friday by the Superintendence of Control of Market Power (SCPM for its Spanish acronym), which imposed a fine of $ 138.4 million for alleged market abuse.

This was explained yesterday by the General Intendent of the Superintendence, Santiago Salinas, citing that Claro may appeal without first paying the fine, according to current regulations. In case they pay, the raised money, according to art . 86 of the Act, will go to the National Treasury.

The complaint came from the government’s National Telecommunications Corporation (CNT for its Spanish acronym), made on June 28, 2013, when the entity brought charges against Conecel because it found that of the 1,515 leases of Conecel, 83 % of cases, i.e. 1,260, had exclusivity, so that the owners could not lease to third parties.

CNT argued that this conduct prevented the state company to deploy its new mobile network HSPA Plus on a national scale. On its behalf, Claro has said that CNT could have managed the rental of premises nearby and avoid the problem.

Sara Báez and Santiago Salinas, officers of the Superintendence of Control of Market Power.

Sara Báez and Santiago Salinas, officers of the Superintendence of Control of Market Power.

About the Author
  • google-share
Previous Story

Acceptance of Pope Francisco is majority in Latin America

Next Story

Assange Defense requests that the interrogation be conducted in London

SEARCH

LATEST NEWS

Guillermo Lasso: 'Now together we begin the task of transforming this peace into progress, well-being and opportunities for all'

Posted On 30 Jun 2022

Government and Conaie agree to end the strike after a tense morning

Posted On 30 Jun 2022

Ecuador asks Mexico for a response on bananas and shrimp

Posted On 29 Jun 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net