Tuesday, December 18, 2012

Argentina launches process to break up media group

(AP) ? Argentina's government is telling the country's largest media conglomerate that it has begun to assert control over the company and auction off its media licenses.

Grupo Clarin is a leading critic of the government.

Martin Sabatella is head of the government media regulation body and he says on Monday that the government will make the conglomerate and other companies comply with the law, which bars any company from owning too many different media properties.

A court ruled Friday that a three-year-old law against media monopolies is constitutional.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-12-17-Argentina-Media%20Law/id-1d966ade2f074357b83639ba11f0b591

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