Telstra To Pay $16.6M For Shutting Out Rivals

Law360, New York (July 28, 2010, 3:15 PM EDT) -- An Australian court has fined telecommunications company Telstra Corp. Ltd. AU$18.6 million ($16.6 million) for denying its competitors access to broadband transmission infrastructure, a violation of the terms of Telstra's license.

Telstra has shown “no true remorse” for its conduct, Judge John Middleton of the Federal Court of Australia said Wednesday, ruling against the company in a case brought by the Australian Competition and Consumer Commission. Telstra had asked to pay between AU$3 million and AU$5 million for its transgressions.

Between 2006 and 2008, when the...
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