World
4:20 pm
Mon February 18, 2013

Mexico Tries To Rein In Billionaire Carlos Slim

Originally published on Mon February 18, 2013 5:54 pm

Regulators in Mexico are struggling to rein in what they say are grave and repeat monopolistic practices by the richest man in the world. Carlos Slim Helu, the owner of Mexico's telephone company, just received another multimillion-dollar fine from the country's fledgling anti-corruption regulatory agency. Slim has successfully appealed or fought previous fines. But lawmakers say they are determined to make him play fairly and by the rules.