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V
e n e z u e l a 19. ANTITRUST LAWS LIMITING CAPITAL
CONCENTRATION IN THE PRINT MEDIA Although there is no specific anti-trust provisions applicable
to the media, there are certain standards that forbid such practices. Art. 97 of the Constitution says: ?Monopolies will not be permitted.
Exclusive concessions may be granted, in accordance with the law
and for a limited time, solely to develop works and services in
the public interest?? Also applicable is the general schedule of anti-trust legislation,
the Law of Promotion and Protection for Free Competition of 30 December
1991, which broadly forbids ?conduct, practices, accords, conventions,
contracts or decisions that prevent, restrict, falsify or limit
free competition (Art. 5). Similarly, the law forbids ?economic
concentrations, particularly those dedicated to a single activity,
which have destructive effects on free competition or create total
or partial market dominance (Art. 1). The law also forbids ?the
abuse by one or several of the subjects of this law from positions
of domination in any area of the domestic market.? Finally, the radio communications regulation bans the granting
of more than one radio license to any single individual or company,
as stated in Art. 26.
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