Telstra User Awarded AUS$16M In Network Spat

Law360, New York (July 16, 2007, 12:00 AM EDT) -- Australia’s competition watchdog has dealt Telstra Corp. Ltd. a blow, ordering the Melbourne-based telecommunications giant to pay a smaller Internet rival AUS$16 million to resolve a network pricing feud.

The Australian Competition and Consumer Commission (ACCC) ruled Friday that Telstra had overcharged Perth-based Internet service provider iiNet to operate broadband services over the copper network and required Telstra to pay up by Aug. 24.

In an earlier decision, the ACCC had ordered Telstra to slash its line-sharing service fees from AUS$9 to AUS$3.20.

On Friday, the...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.