The European Commission said this week it will review the recent ruling by Italy’s telecommunications watchdog that requires Telecom Italia to lower fees charged to rivals to use its network, and has reportedly asked the telco regulator to suspend the ruling. The Commission issued a statement Monday requesting the suspension of the Italian ruling for three months while it reviews the decision; The EC’s commissioner for the digital agenda Neelie Kroes said the telecommunications watchdog did not follow proper procedure when issuing the ruling. Telecom Italia is sure to welcome the Commission’s second look at the forced fee cuts as the company claims the ruling will lead to more than $145 million in revenue losses every year. The Commission’s announcement came on the heels of another notice that the EU watchdog has suspended a ruling by Portuguese telecommunications watchdog ANACOM regarding so-called fixed termination rates.
Full Content: European Voice
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Hess Shareholders Approve $53 Billion Merger with Chevron
May 28, 2024 by
CPI
EU Regulators Engage with Telegram as App Nears Critical Usage Threshold
May 28, 2024 by
CPI
EEX Offers Remedies to Address EU Antitrust Concerns Over Nasdaq Deal
May 28, 2024 by
CPI
BRG Expands European Competition Practice with New Expert Team in Brussels
May 28, 2024 by
CPI
UK Law Empowers Regulators to Fine Big Tech Without Court Approval
May 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI