This Monday, the purchase of Telefónica Argentina by the Clarín Group, through Telecom. The Spanish company detached from its Argentine subsidiary for an amount of US $ 1,250 million. Telecom owners are Cablevisión (Clarín 40%Group), Fintech (David Martínez 40%) and the rest is from other investors who bought shares in the open market.
When the news was released, the president’s office took a statement where he warns that “70% of telecommunications services” would remain in the hands of a single economic group, “which would generate a monopoly formed thanks to decades of state benefits that said company received. ”In this sense, they announced measures from the State to avoid it. The government again burning its free market manuals and non -State intervention.
“The national government is committed to avoiding the formation of a new monopoly” that “would attempt against the disinflationary process that Argentina is going through,” the statement ends. The truth is that with Milei the tariffs in the services were given free way, which were far superior to inflation. Moreover, last July the government eliminated any type of restriction to the increase in its rates. In this way, telephony and internet increased 243% since Milei assumed according to official figures.
In the opponent of the current statement, the DNU 302/2024 last July deregulated the rates on the argument that “it is very urgent to release the market and obtain free development.” Thus, according to the last balance published by Telecom Argentina, the company shows having won $ 938,639 million, an increase of real 273%, that is, above inflation. This, despite having fallen more than 10% from their sales.
Burning papers: “The social benefactors monopolies”, “regular is socialist”
Until not long ago Milei claimed that monopolies are social benefactors and that regulating them is “to open the way to socialism.” Now it seems again to burn their manuals and sayings: after totally deregulating the rates of the sector, the government says it worries that the new (old) concentration in the telecommunications complicates its main “battle knight”, the debatable low of inflation, and Try to intervene.
Che but Javo said that regulating monopolies automatically makes you a socialist 💀 https://t.co/feqsvnzuut pic.twitter.com/bNMLluC4qu
– Tugo News (@tugonews) February 24, 2025
Oligopoly or monopoly loses workers
In the last year of Milei government, public service tariffs, communication (cell phone), transport and other services had a great leap and made themselves a lot in popular pockets. With the back methodology of INDEC of inflation measurement these increases are not impacted at real levels of consumption.
The big businessmen fill their pockets while workers see their purchasing power strongly. According to the latest data from the ENACOM, the communications sector increased its income by 240% between September 2024 and the same month of 2023. What worker could dream that parity?
Did the Milei Versus Clarín war begin? It is clear that we need to organize resistance in telecommunications because oligopoly or monopoly will want us to be cheaper labor. And Milei will continue playing for entrepreneurs, even at war with Clarín https://t.co/seg5177g0u
– Florencia Saracho (@fsaracho2014) February 25, 2025
Source: www.laizquierdadiario.com
