Just as a wave of mergers sweeps across the media industry throughout the Americas, several governments in the region are rethinking their approach to antitrust enforcement by strengthening their competition frameworks.
In North America, for instance, the Canadian government introduced a bill in April 2022 to, among other things, expand the scope of the Competition Act's abuse of market dominance provisions. Meanwhile, in Mexico, the NRA IFT's 2022 Annual Work Plan foresees the adoption of decisions on asymmetric regulation for two dominant TV players in 3Q 2022.
In South America, Argentina’s chamber of deputies is expected to debate amendments to the competition law (the senate passed the amendments in early 2021). Peru’s government is also focused on fostering competitive markets. It proposed constitutional reforms in April 2022 to generally prohibit monopolies and abuse of market dominance, including in the media sector.
Cullen International’s latest Americas Media Profiles provide a summary of eight major media markets in the Americas, along with an overview of their regulatory and policy environment.
For more information or access to the Media Profiles, please click on “Access the full content” - or on “Request Access”, in case you are not subscribed to our Americas Media service.
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