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Deutsche Telekom fined $88 million by EU over antitrust breach

2014-10-15 21:23:14| Telecom - Topix.net

The European Commission's antitrust unit is fining Deutsche Telekom AG and its subsidiary Slovak Telekom a.s. a total of a 69.9 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 a 38.8 million on Slovak Telekom and its parent company, Deutsche Telekom , for refusing to give access to the so-called local loop or "last mile," the final section of the network which joins telecoms cables to subscribers' homes, and an additional a 31 million fine for Deutsche Telekom alone, because it is a repeat offense after similar tactics in 2003 in Germany.

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Category:Telecommunications

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