TELECOM Digest OnLine - Sorted: textually.org: French Mobile Phone Firms Fined

textually.org: French Mobile Phone Firms Fined

Marcus Didius Falco (falco_marcus_didius@yahoo.co.uk)
Fri, 02 Dec 2005 20:53:56 -0500

http://www.textually.org/textually/archives/2005/12/010788.htm

December 01, 2005

French mobile phone firms fined

Three of France's leading mobile phone firms have been fined a total
of 534m euros ($630m) after being deemed guilty of market collusion,
reports the BBC http://news.bbc.co.uk/2/hi/business/4487430.stm .

"France's Competition Council concluded that Orange, SFR and Bouygues
Telecom shared commercial information between themselves, distorting
competition.

The three firms have denied that they compared and fixed their prices.

The Council said the three firms had regularly exchanged commercial
information about the mobile market between 1997 and 2003. This
enabled the firms to protect their position in the market, the Council
said, to the detriment of consumers. Their actions had caused
"significant damage" to the economy, it added. "

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