A PYMNTS Company

Italy: Antitrust authority says Telecom Italia in ‘grave violation’ of competition law

By  |  December 13, 2012

In a document obtained by Reuters, Italy’s antitrust authority said that Telecom Italia hampered competition in the wireless sector of the nation. Specifically, between 2009 and 2011, Telecom Italia blocked access to Italy’s fixed-line telephone network, setting prices that prevented any rivals from making a profit. The authority called the happenings a “grave violation” of competition regulation. Telecom has been under investigation by the authority since 2010 and did not comment on the matter.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.