The national government is currently facing a profound crisis due to the scam related to the LIBRA cryptocurrency, promoted by the president himself, who has already been charged. Amid this situation, Javier Milei has threatened to block the sale of the Argentine subsidiary of Telefónica to Telecom Argentina, belonging to the Clarín Group.
At the close of this note, the digital newspaper Clarín has not yet responded to this threat and continues to report on the acquisition of the company Telefónica. The government of Javier Milei has announced that it will intervene in the National Communications Entity (Enacom) and the National Commission for the Defense of Competition (CNCD) to evaluate whether the acquisition of the Argentine subsidiary of Telefónica by Telecom, of the Clarín Group, constitutes a monopoly.
"This acquisition could result in approximately 70% of telecommunications services being in the hands of a single economic group, creating a monopoly thanks to the state benefits received over decades," states the announcement. The national government expresses its commitment to prevent the formation of a new monopoly, as this would go against free competition and affect the process of disinflation in Argentina.
The Clarín Group has been labeled a monopoly in the media sphere in the country and has been a pillar in supporting various governments. This measure seems to be a response to the leak of images showing pressures to manipulate questions and answers during an interview.
The acquisition process for $1.245 billion, involving 100% of shares, is now subject to a possible interruption under the argument of defending free competition.
