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Italy Annuls Antitrust Fine On Phone Operators

By  |  July 12, 2021

An Italian court has annulled a fine of €228 million (US$271 million) slapped on Italy’s top four phone operators last year over a breach of competition rules for collectively agreeing to raise their prices.

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    Italy’s competition watchdog had claimed Telecom Italia, Vodafone, CK Hutchison’s unit Wind Tre, and Swisscom’s Fastweb had agreed to raise tariffs after being forced to scrap a billing scheme based on 28 days rather than a full month.

    But a Rome-based administrative court said in a series of rulings published on Monday, July 12, and seen by Reuters, that the companies had been acting within their rights.

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