Swisscom Escapes $310M Fine For Termination Fees

Law360, New York (March 9, 2010, 2:35 PM EST) -- A Swiss court has overruled an antitrust watchdog's hefty fine of $333 million Swiss francs ($309.8 million) against Swisscom AG for allegedly abusing its dominant market position to overcharge for cell phone termination fees.

The Federal Administrative Court in Switzerland mostly ruled in Swisscom's favor in the telecommunications company's appeal of the ruling by the the Swiss Competition Commission, or Comco, Swisscom said on Tuesday.

Comco ruled in February 2007 that Swisscom had achieved market domination in cell phone termination and abused this position in violation...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.