Italy court rejects TIM request to freeze 116 million euro broadband market abuse fine
Reuters
Published Jul 21, 2020 14:16
MILAN (Reuters) - An Italian administrative court has rejected a request by Telecom Italia to suspend a fine imposed by competition authorities for abusing its position in the broadband market, a court document showed on Tuesday.
In March, the Italian antitrust authority fined Telecom Italia (TIM) (MI:TLIT) 116 million euros (104.69 million pounds), saying it had conducted a "premeditated anti-competition strategy" aimed at hindering competitors' investments in ultra-fast broadband.
That prompted Italian broadband operator Open Fiber to ask TIM for 1.5 billion euros in damages, sources have said.
TIM declined to comment on Tuesday's ruling.
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Written By: Reuters
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