On June 17, 2026, the Competition Tribunal (the “Tribunal”) within Argentina’s National Competition Authority (ANC) issued Resolution RESFC-2026-38-APN-TDC#ANC and conditioned Telecom Argentina S.A.’s acquisition of exclusive control over Telefónica Móviles Argentina S.A. and its subsidiaries on compliance with structural and conduct remedies set forth in Annex I of said Resolution (the “Remedy Package”), in accordance with Section 14(b) of Law 27,442.
The transaction closed on February 24, 2025 and was notified to the former National Commission for the Defense of Competition on March 5, 2025.
The decision relied primarily on the opinion issued by the Economic Concentrations Secretariat (SCE) on May 14, 2026, which concluded that the transaction, as notified, raised significant competition concerns across several telecommunications markets. In particular, the SCE broadly upheld the conclusions of the Objection Report dated June 19, 2025, and found Telecom’s commitments offered on August 6, 2025 insufficient to address the identified risks.
Click here to read the resolution’s full analysis.
Author/s:
Bomchil has certified its Information Security Management System according to the IRAM – ISO/IEC 27001:2024 standard, with registration number 27001-137 by IRAM
Copyright © 2024
Phone:
+54 11 4321 7500
Email:
contacto@bomchil.com
Address:
Av. Corrientes 420, C1043AAR, Buenos Aires, Argentina
