A PYMNTS Company

Swiss Regulator Launches Inquiry Into Swisscom

By  |  August 25, 2020

Switzerland’s competition watchdog has launched an investigation into Swisscom following suspicions the telecoms company is abusing its market position in the area of broadband communications. 

Swisscom is accused of charging excessively high prices in its tenders for projects to connect company sites, the Swiss Competition Commission (COMCO) stated on Tuesday, August 25.

COMCO stated it was examining whether Swisscom was preventing rival companies being able to submit competitive bids by charging them too high prices to use its network infrastructure. 

Swisscom stated it had been informed of the investigation, and claimed the accusations were unfounded.

Full Content: Reuters

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