Italy Fines Telecom Giant €103M For Stifling Competition

Law360, New York (May 10, 2013, 6:23 PM EDT) -- Italy's antitrust watchdog hit Telecom Italia with more than €103 million ($134 million) in fines Friday for abusing its dominance over the broadband Internet and telephone markets to thwart competition from rivals.

The Italian Competition Authority — known by its Italian acronym, AGCM — handed down two separate fines against the telecommunications giant after concluding that the company was taking unfair advantage of its control over the infrastructure for Internet and telephone services.

The company discriminated against other telecommunications providers by charging them more for wholesale...
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