China Telecom, Unicom Offer Fixes To End Antitrust Probe

Law360, New York (December 2, 2011, 5:56 PM EST) -- China Telecom Corp. and China Unicom (Hong Kong) Ltd. offered Friday to reform their pricing practices, asking the country's antitrust enforcer to end its investigation into whether the state-owned enterprises have abused their dominance in the broadband market.

Both companies said that they were cooperating with the National Development and Reform Commission, which revealed its probe in early November, and noted that their own internal reviews had turned up potential changes to their pricing policies for the dedicated leased-line access that they provide to smaller Internet...
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