Share

Telefónica de Argentina S.A. and Telecom Argentina S.A., and Liliana Zabala and Enrique Fernández Sáenz
Lead NCPArgentina
Supporting NCP(s)
DescriptionSpecific instance notified by Liliana Zabala and Enrique Fernández Sáenz concerning an alleged non-observance of the OECD Guidelines by Telefónica de Argentina S.A. and Telecom Argentina S.A.
Theme(s)Employment and industrial relations, General policies
Date11 Oct 2018
Host country(ies)Argentina
SourceIndividuals
Industry sectorInformation and communication
StatusIn progress
Summary

On October 2018, the Argentinian NCP (ANCP) received a submission from Liliana Zabala and Enrique Fernández Sáenz alleging that the multinational enterprises, Telefónica de Argentina S.A. and Telecom Argentina S.A., had breached the following chapters of the OECD Guidelines: General policies, Employment and Industrial Relations.

Liliana Zabala and Enrique Fernández Sáenz represent the employees of Telefónica de Argentina S.A. and Telecom Argentina S.A, which are beneficiaries of the Employee Stock Ownership Plan.

The companies were granted an exception in the regulatory framework regarding the Employee Stock Ownership Plan by a presidential decree, which was later declared unconstitutional by the Supreme Court. The companies are obliged to compensate the employees for loss and damages.

Liliana Zabala and Enrique Fernández Saenz’s submission seeks a solution for the affected employees.