PT, Zon fined EUR 53 mln for broadband market abuse

Wednesday 2 September 2009 | 12:22 CET | News
Portugal's competition watchdog (Autoridade da Concorrencia – AdC) has fined Portugal Telecom and Zon for abuse of dominant position on the broadband internet market in the period 22 May 2002 – 30 June 2003. Portugal Telecom was fined EUR 45.016 million, while Zon will have to pay around EUR 8.046 million. The antitrust body's decision follows complaints by competitors in 2003 and 2004. The AdC investigation showed the PT group had a market share of over 70.7 percent in retail broadband accesss in 2002 and 77.7 percent in 2003 and served as sole wholesale provider on the local market.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Portugal Telecom
Countries: Portugal
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.