Thursday, February 23, 2006

Telefonica Faces Broadband Pricing Probe By EC

Tim Richardson writes on The Register:

Spanish incumbent Telefonica is facing an investigation by the European Commission (EC) amid allegations that it abused its dominant position regarding the provision of broadband.

The EC has sent a "statement of objections" to Telefonica explaining why it believes the Spanish telco has been "abusing its dominant market position in contravention of EC Treaty rules in the form of a so-called 'margin squeeze' in the Spanish broadband internet access markets since 2001".

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