Colombia’s Superintendence for Industry and Commerce has issued judicial measures against Claro, Colombia’s largest mobile phone operator, ordering the company to adjust the interconnection rates and comply with asymmetric rates imposed by the Communications Regulation Commission.
The SIC has determined, after analysing a request by Colombia Telecomunicaciones (Telefónica’s Colombian branch), that Claro has engaged in unfair competition practices by charging higher rates than allowed by a 2010 regulation.
Ignoring this regulation would translate to an unfair advantage for Claro by negatively affecting Telefónica’s commercial policies and financial status through the violation of a judicial requirement. Claro has been ordered to adjust their rates effective immediately through the start of 2015.
Full content: Señal Radio
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI