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
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 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