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General

Italian court annuls EUR 228 mln antitrust fine over billing collusion

Wednesday 14 July 2021 | 08:39 CET | News
The Regional Administrative Court of Lazio in Rome has annulled the EUR 228 million fine imposed by antitrust and competition authority AGCM on Italy's four leading MNOs for collusion over their 28-day billing practice. The court said the AGCM had failed to sufficiently attest to its accusation that Telecom Italia (TIM), WindTre, Vodafone Italia and Fastweb infringed competition rules by collectively agreeing to raise their prices after introducing 28-day billing in 2017, effectively resulting in a 13th monthly bill every year.

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Categories: General
Companies: Fastweb / Telecom Italia / TIM / Vodafone Italia / WindTre
Countries: Italy
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