Financial Times

Wednesday, October 24, 2012
By Jude Webber

The Argentine government says it will forcibly break up Clarín, the country’s biggest media group, and other organisations that fail to present plans by December 7 to bring their holdings into line with an anti-monopoly law.

Martín Sabbatella, the official recently appointed to enforce the media law, said broadcasting licences exceeding the number permitted would be auctioned off. The government “will take whatever measures are necessary”, he said, to guarantee its implementation by some 20 affected groups including Clarín, a vocal government opponent.

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