A PYMNTS Company

UK: Orange may face antitrust fine of more than 500 million

 |  December 2, 2015

France’s competition watchdog could fine telecommunications company Orange more than 500 million euros for abusing a dominant position in the business segment, Le Figaro reported on its website on Wednesday.

The newspaper said without citing its sources the authority could make a decision before Dec. 25.

“The case goes back to April 2008 when (competitor) SFR made complaints about discount practices … from Orange in France on the market for mobile and fixed-line business communications since 2003,” Le Figaro said.

Full content: Yahoo! News

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