Wednesday, October 15, 2014

EU Antitrust Unit Fines Deutsche Telekom


The European Commission’s antitrust unit is fining Deutsche Telekom AG and its subsidiary Slovak Telekom A.S. a total of €69.9 million ($88.4 million) for shutting out rivals from the Slovak market for broadband services for more than five years, in breach of EU antitrust rules, the commission said in a statement Wednesday.

The total consists of two fines: one of €38.8 million on Slovak Telekom A.S. and its parent company, Deutsche Telekom AG for refusing to give access to the so-called local loop or “last mile". 

read full article at WSJ

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