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21st June 2018, 14:47 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
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| Norway's competition watchdog bites Telenor Abused market position Norway’s Competition Authority fined Telenor $96.3 million saying the country’s largest telecoms provider had abused its dominant market position. The case concerned the planned introduction of a third mobile phone network in Norway to compete with those of Telenor and Sweden’s Telia Company, which the Norwegian company had resisted, the regulator said. From 2007, Network Norway and Tele2 jointly sought to build a third nationwide mobile phone network, and bought access for its customers to Telenor’s network for the areas it had not yet developed. In 2010, Telenor altered the conditions of the agreement in a way that killed any economic incentive to build a separate network, the regulator said. “The Competition Authority has found that Telenor deliberately altered the access agreement to stop Network Norway’s further investments in the third network”, it said in a statement. “We disagree that we have violated the Competition Act”, Telenor said in a statement, adding it was likely to file an appeal. The decision can be appealed to Norway’s Competition Appeals Committee and later to the courts, the company said. https://fudzilla.com/news/46593-norw...-bites-telenor |
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