(Article translated from Spanish - Mod)
AT&T and Discovery will pay a fine established by Cofece to speed up their merger
The antitrust entity imposed a fine of 51,573,920 pesos on both companies and gave them a period of 30 days to pay the sum.
By Ana Luisa Gutierrez
AT&T and Warner Bros will pay the fine of 51,573,920 pesos imposed by the Federal Economic Competition Commission (Cofece) for failing to notify a merger in terms of the Federal Economic Competition Law.
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************************ Moderator's Note ************************
51, 573,920 Pesos is about 2,570,425 U.S. Dollars as of 9/13/2022, per the Google Currency Converter