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Tag: fined
KPN fined EUR 8 million for unfair competition
2015-07-21 09:33:00| Telecompaper Headlines
(Telecompaper) Dutch regulator ACM announced two fines totaling EUR 8 million against KPN for unfair competition. The first fine of EUR 6 million was for violations in the monitoring service ISDN-Lijnbewaking in the period 2009-2013. The additional EUR 2 million fine follows violations in the SDF backhaul service in 2009-2012. According to the regulator, KPN in both cases put rivals at a disadvantage by making it difficult for them to deliver services to customers in a timely fashion. The ISDN Lijnbewaking offered customers a guaranteed return to service within four hours of any disruption. While KPN offered this to its own customers, its competitors did not know the service existed, as KPN did not include it in the reference offer. Similarly with SDK backhaul, which provides improved internet and TV services using fibre infrastructure, KPN did not make a timely offer of the service to wholesale customers. It also charged its own internal organisation less for the service than allowed by the regulator.
Tags: eur
million
competition
unfair
Uber fined $7.3m in California
2015-07-16 02:48:01| BBC News | Business | UK Edition
Taxi booking app Uber is fined $7.3m in California for not giving regulators enough information about its service and business practices.
Tags: california
uber
fined
73m
Tesoro fined $1M for violating Californias gasoline regulation
2015-07-14 12:55:42| Green Car Congress
Tags: regulation
gasoline
violating
fined
AT&T Fined $100 Million for Misleading Consumers
2015-07-09 03:01:59| Telecom - Topix.net
AT&T will face a hefty $100 million in fines for misleading its customers about their unlimited mobile data plans, according to FCC.gov. The Federal Communications Commission has accused AT&T of slowing down data speeds of its customers that paid for unlimited plans.
Tags: million
att
consumers
misleading
3 mutual funds were fined for charging clients too much money
2015-07-08 13:59:58| Apparel - Topix.net
Wells Fargo , Raymond James and LPL Financial have been fined more than $30 million combined for overcharging clients on Class A shares from July 2009 through 2014. Investment News reports, "The firms either passed along the charges improperly or put investors into Class B or C shares, which come with high back-end and ongoing fees."
Tags: much
money
clients
funds
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