Mexico moves against TV, telephone tycoons

Associated Press
Mexico moves against TV, telephone tycoons

Flanked by Mexican Senate Deputy Chairman Francisco Arroyo Vieira, left, and Mexican Senate President Ernesto Cordero, right, Mexico's President Enrique Pena Nieto, center, shows an agreement just signed by him and the three major political parties that would create two new national television channels and form a powerful independent regulatory commission, along the lines of the U.S. Federal Communications Commission, at the Technological Museum in Mexico City, Monday, March 11, 2013. Pena Nieto on Monday proposed a sweeping overhaul of the weak and chaotic regulations that have allowed the world's richest man and the largest Spanish-language media empire to exert near-total control of Mexico's lucrative telephone and television markets. (AP Photo/Alexandre Meneghini)

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