€41M France Telecom Antitrust Fine Remanded

Law360, New York (April 9, 2010, 4:48 PM EDT) -- France's highest court has upheld €51 million ($59 million) in fines against SFR SA and Bouygues Telecom SA for allegedly colluding to maintain their shares of the French cell phone market, but ordered a lower court to reconsider the size of a €41 million ($55 million) fine against France Telecom SA's Orange network.

The French Cour de Cassation ruled Wednesday that the Paris Court of Appeals had failed to take into account the telecom operators' reorientation of business strategies. As such, its March 2009 decision upholding...
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