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Claro slapped with USD 138.5 mln fine in Ecuador

2014-02-10 12:17:00| Telecompaper Headlines

(Telecompaper) Ecuador's anti-monopoly watchdog Superintendencia de Control del Poder de Mercado (SCPM) has fined Consorcio Ecuatoriano de Telecomunicaciones Conecel, a unit of America Movil, USD 138.5 million for abuse of market power. Conecel operates on the local market under the Claro brand name. Claro currently holds a share of 67 percent of the local mobile market, serving nearly 15.5 million customers, El Nuevo Herald reports. The fine is equal to 10 percent of Claro's revenues in 2012, SCPM said.

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Urgent: Chevron attacks Ecuador, 50,000 signatures needed by Jan 21

2014-01-19 09:53:56| Energy - Topix.net

Steven Donziger won an $18 billion judgment against Chevron Corp in 2011 for its destruction of the Ecuadorean environment.

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Urgent: Chevron attacks Ecuador, 50,000 signatures needed by Jan 21

2014-01-19 09:47:01| Oil & Gas - Topix.net

Steven Donziger won an $18 billion judgment against Chevron Corp in 2011 for its destruction of the Ecuadorean environment.

Tags: jan needed ecuador attacks

 

Ecuador navy airlifted Jeff Bezos

2014-01-05 02:55:06| IT Services - Topix.net

In a Sept. 24, 2013, file photo Jeff Bezos, CEO of Amazon.com, holds the 8.9-inch version of the new Amazon Kindle HDX tablet computer in Seattle.

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Chevron appeals to top Ecuador court in pollution case

2013-12-24 00:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: U.S. energy company Chevron Corp appealed on Monday to Ecuador's highest court, asking it to cancel a $9.5 billion fine for polluting the Amazon rainforest in a long-running case. Last month Ecuador's National Court of Justice upheld a 2011 verdict by a lower court that Chevron was responsible for pollution in the area caused by U.S. oil firm Texaco, whose assets were bought by Chevron in 2001. Chevron says that 2011 ruling was obtained by fraud and it is pursuing a case in New York against...

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