Portugal’s antitrust authority, the Autoridade da Concorrencia (AdC), has fined incumbent operator Portugal Telecom (PT) and Zon Multimedia, previously a PT subsidiary, a total of EUR53 million (USD75.8 million) for abusing their dominant position. The AdC said that the fines pertain to complaints made during 2003 and 2004, when PT and Zon were still a single company and the country’s sole wholesale operator. The AdC said: ‘An investigation proved the abuse of the dominant position by the accused, demonstrating the existence of competition restricting practices such as artificial price-fixing, discrimination and limits on production, distribution, technical development and investment.’ PT was fined EUR45 million whilst Zon has been charged with the remaining EUR8 million. The telcos described the ruling as ‘unfair’ and said they would appeal before the Commercial Court of Lisbon.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors