French media reported that telecommunications giants Orange and SFR are being sued for anticompetitive behavior by some of their largest rivals, Boygues Telecom, Omea Telecom, Outremer Telecom and Euro-Information Telecom. According to reports, the lawsuit alleges the two companies of anticompetitive practices between 2005 and 2008 as they dominated 83 percent of the telecom market. Such dominance, say the plaintiffs, allowed the companies to cooperate and allow their customers on the same network. The offer had a nearly $1.9 billion affect on the market, according to the plaintiffs, because consumers were enticed to either stay with or switch to Orange or SFR. According to reports, the only major telecommunications provider not involved in the lawsuit is Free Mobile, which was only established in 2012.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
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
Turkey Hits Meta with $37.20 Million Fine Over Data-Sharing Practices
May 8, 2024 by
CPI
Google Seeks Dismissal of UK Suit Over Alleged Anti-Competitive Practices
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