Thursday, April 16, 2015

European Commission (EC) after a thorough investigation fined Slovak Telekom in the amount of 38.

Slovak Telekom received from the European Commission fined 38,830,000 | SatelitnaTV.sk
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European Commission (EC) after a thorough investigation fined Slovak Telekom in the amount of 38.838 million for abusing its dominant position on the market for over five years, which was intended to displace the market for broadband services in Slovakia its competitors, in breach the postal service of EU antitrust rules. Informed today about the EC. The Commission concluded, inter alia, that Slovak Telekom to its competitors refused the postal service to provide unbundled access to the local loop and apply the policy of margin squeeze. Deutsche Telekom as the parent company of decisive influence in the conduct of its subsidiary responsible and therefore also for the fine imposed Slovak the postal service Telekom jointly and severally liable. Deutsche Telekom has also received an additional fine of nearly 31 million, to ensure a sufficiently deterrent effect and punish repeated abuse of a dominant position (repeated the postal service infringements), given that the penalty for squeeze on the broadband markets in Germany, he was already stored in 2003.
"Proceedings of Slovak Telekom has led to consumer harm and distort competition in the broadband market the postal service in Slovakia for more than five years. Slovak Telekom not only refused to provide unbundled access to its local loop on fair terms, but also applied a policy of margin squeeze, which made it impossible for alternative operators to use its initial infrastructure for telephone network and want to report a loss. Deutsche Telekom as the parent company of decisive influence over its subsidiary's abusive the postal service nature also responsible, "said Joaquín Almunia, Commission Vice President in charge of competition policy.
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