AIRLINK 69.20 Decreased By ▼ -3.86 (-5.28%)
BOP 4.90 Decreased By ▼ -0.19 (-3.73%)
CNERGY 4.26 Decreased By ▼ -0.11 (-2.52%)
DFML 31.25 Decreased By ▼ -1.20 (-3.7%)
DGKC 77.25 Increased By ▲ 1.76 (2.33%)
FCCL 20.00 Increased By ▲ 0.48 (2.46%)
FFBL 35.00 Decreased By ▼ -1.15 (-3.18%)
FFL 9.12 Decreased By ▼ -0.10 (-1.08%)
GGL 9.80 Decreased By ▼ -0.05 (-0.51%)
HBL 112.76 Decreased By ▼ -3.94 (-3.38%)
HUBC 133.04 Increased By ▲ 0.35 (0.26%)
HUMNL 6.95 Decreased By ▼ -0.15 (-2.11%)
KEL 4.23 Decreased By ▼ -0.18 (-4.08%)
KOSM 4.25 Decreased By ▼ -0.15 (-3.41%)
MLCF 36.60 Increased By ▲ 0.40 (1.1%)
OGDC 132.87 Decreased By ▼ -0.63 (-0.47%)
PAEL 22.64 Increased By ▲ 0.04 (0.18%)
PIAA 24.20 Decreased By ▼ -1.81 (-6.96%)
PIBTL 6.46 Decreased By ▼ -0.09 (-1.37%)
PPL 116.30 Increased By ▲ 0.99 (0.86%)
PRL 25.90 Decreased By ▼ -0.73 (-2.74%)
PTC 13.08 Decreased By ▼ -1.02 (-7.23%)
SEARL 52.00 Decreased By ▼ -1.45 (-2.71%)
SNGP 67.60 Increased By ▲ 0.35 (0.52%)
SSGC 10.54 Decreased By ▼ -0.16 (-1.5%)
TELE 8.28 Decreased By ▼ -0.14 (-1.66%)
TPLP 10.80 Increased By ▲ 0.05 (0.47%)
TRG 59.29 Decreased By ▼ -4.58 (-7.17%)
UNITY 25.13 Increased By ▲ 0.01 (0.04%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,536 Increased By 75.4 (1.01%)
BR30 23,941 Decreased By -230.4 (-0.95%)
KSE100 70,667 Decreased By -435.6 (-0.61%)
KSE30 23,224 Decreased By -170.8 (-0.73%)

Buen2BUENOS AIRES: Argentine government filed an appeal with Supreme Court Friday after a lower court granted the Grupo Clarin time to challenge an anti-monopoly law that could force the media giant's breakup.

 

Clarin, a fierce critic of President Cristina Kirchner, obtained an injunction a day before a midnight Friday deadline for it to comply with the law by submitting plans for selling off broadcast assets.

 

The Civil and Commercial Appeals Court ruled late Thursday that  implementation of the law would be suspended until the Supreme Court renders a decision on whether it is constitutional.

 

The government asked the Supreme Court to "immediately suspend" and then "declare void" the ruling favoring Clarin, Kirchner's office said in a statement Friday.

 

Kirchner's government says the goal of the 2009 law is to break up media monopolies, but Clarin sees it as an attack on the opposition press and on private property.

 

Martin Sabbatella, chief of the media regulatory body AFSCA, on Thursday called the injunction a "disgrace" that "harms democracy," while Attorney General Julio Alak criticized the court's decision as "arbitrary."

 

The vitriol between both sides is playing out in the Argentine press, with accusations and counter-charges flying almost daily.

 

Clarin, the country's largest daily newspaper and a broadcast and cable TV heavyweight, reported revenues of $2 billion in 2011.

 

Alak said the Clarin legal victory makes a "mockery" of the people's will by rejecting a law passed by Congress.

 

In an ad, Clarin hit back at the justice minister, saying he once again "has publicly and unabashedly threatened the judicial branch and made false accusations" against the media conglomerate.

 

Since she took office in 2007, Kirchner has clashed frequently with Clarin, one of her administration's most dogged critics.

 

Kirchner also earlier filed a complaint against the management of Clarin and another newspaper, La Nacion, over their purchase of a printing site that operated during the 1976-1983 military dictatorship.

 

Copyright AFP (Agence France-Presse), 2010

Comments

Comments are closed.