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France: Rivals serve court papers to Orange, SFR

 |  August 7, 2013

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

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