Home / Tech / Italy antitrust fines telecom groups over billing practices

Italy antitrust fines telecom groups over billing practices

Italy antitrust fines telecom groups over billing practices

MILAN (Reuters) – Italy’s antitrust authority mentioned on Friday it had fined Italy’s prime 4 cellphone operators a complete of 228 million euros ($253 million) for breaching competitors guidelines by collectively agreeing to boost their costs.

The watchdog opened a probe in opposition to Telecom Italia, Vodafone, CK Hutchison’s unit Wind Tre and Swisscom’s Fastweb in 2018, claiming the carriers had agreed to boost tariffs after they’d been compelled to scrap a billing scheme based mostly on 28 days reasonably than a full month.

Italian client affiliation Altroconsumo, which actively campaigned in opposition to the businesses’ billing practices, mentioned the fines have been equal to 114 million euros for Telecom Italia, 60 million euros for Vodafone, 39 million euros for Wind Tre and the remaining for Fastweb.

The antitrust choice may very well be appealed by the businesses.

Reporting by Elvira Pollina and Francesca Landini; modifying by James Mackenzie

About Agent

Check Also

What Jihadists Are Saying About the Coronavirus

What Jihadists Are Saying About the Coronavirus Jihadist teams are carefully following the unfold of …

Leave a Reply

Your email address will not be published. Required fields are marked *