Broadband Bullying Banned in EU

First, it was France Télécom and Deutsche Telekom. Now, it’s Telefónica. The European Union has levied one of the largest fines ever – €152 million – against Spanish telecom operator Telefónica for allegedly engaging in a “margin squeeze” in the Spanish broadband Internet access market, thus impeding competition. Telefónica is expected to appeal the decision at the European Court of Justice in Luxembourg. see:
EU fines Telefónica €151.85 million for unfair wholesale Internet prices
European Union regulators on Wednesday fined Telefónica, the Spanish telecommunications company, €151.85 million, saying it had unfairly squeezed rivals by setting wholesale Internet access prices too high to allow them turn a profit.

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