Antitrust fines four telephone companies over 200 million

Antitrust begins investigation against Conou

(Finance) – The Antitrust has published four different measures with which it has sanctioned various telephone companies for agreements and abuse of dominant position on the so-called 4-week billing (instead of monthly).

The story concerns Telecom , Vodafone Fastweb and Wind Trand regarding a provision dated January 2020 adopted by the same authority at the conclusion of a procedure in which it had found that the aforementioned companies had “put into place a secret, unique, complex and continuous restrictive agreement on competition contrary” to competition regulations.

The aim, continues the authority, was “to maintain the existing price level and to hinder the mobility of the respective customer bases – reports the AGCM bulletin – preventing the correct development of competitive dynamics between operators in the markets for fixed telephony services and mobile telephony services”.

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