Slim Plans Movil Breakup Amid Antitrust Laws

July 09, 2014 AT 9:39 AM
July 9 (Bloomberg) -- Billionaire Carlos Slim is bowing to imminent antitrust legislation by planning a breakup of America Movil SABs phone operations in Mexico rather than risk profit-crushing restrictions if his company did nothing to curb its dominance. Betty Liu reports on Movers & Shakers on In The Loop. (Source: Bloomberg)