Orange’s headquarters were raided on March 10 by the French antitrust watchdog, business magazine Capital reported on Tuesday, notably over suspicions of an abuse of its dominant position in the fibre optic broadband market.
The raid also targeted three other corporate sites of the state-controlled telecoms group, which has a 40% share of the country’s fibre broadband sector, Capital reported.
The searches, conducted in March at four Orange premises including its headquarters near Paris, encompassed Orange activities on all its networks, including fiber and copper. A significant amount of company documents were taken, according to a person familiar with the matter.
A spokesperson for Orange confirmed to Reuters that a raid took place, without elaborating on either the timing or extent.
The group has launched legal procedures to contest seizures by the French competition authority, the spokesperson added.
Featured News
Spain’s Financial Regulator Awaits Antitrust Decision on BBVA’s Hostile Bid for Sabadell
Dec 5, 2024 by
CPI
RealPage Seeks Dismissal of DOJ Antitrust Suit, Citing Legal Flaws
Dec 5, 2024 by
CPI
EU Competition Chief Signals Potential Google Breakup Amid Big Tech Scrutiny
Dec 5, 2024 by
CPI
Turkey Closes Antitrust Probe into Meta’s Threads-Instagram Practices
Dec 5, 2024 by
CPI
Major Overhaul of New Zealand Competition Laws Announced
Dec 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Moats & Entrenchment
Nov 29, 2024 by
CPI
Assessing the Potential for Antitrust Moats and Trenches in the Generative AI Industry
Nov 29, 2024 by
Allison Holt, Sushrut Jain & Ashley Zhou
How SEP Hold-up Can Lead to Entrenchment
Nov 29, 2024 by
Jay Jurata, Elena Kamenir & Christie Boyden
The Role of Moats in Unlocking Economic Growth
Nov 29, 2024 by
CPI
Overcoming Moats and Entrenchment: Disruptive Innovation in Generative AI May Be More Successful than Regulation
Nov 29, 2024 by
Simon Chisholm & Charlie Whitehead