Briefs: French wireless firms fined for collusion

Dec 01, 2005

France's three leading wireless operators were fined a record $624 million for market collusion over a six-year period.

France's Competition Committee determined Thursday that Orange Telecom, Vivendi Universal and Bouygues Telecom conspired to share data between 1997 and 2003 in a way that quashed competition and kept rates supported.

The trio made up the lion's share of France's mobile market.

While the Competition Committee said its move was aimed at fostering competition, many analysts were telling French media Thursday that the penalty was relatively easy for the three heavyweights to digest.

Nevertheless, the companies called the fine excessive and out of proportion to penalties in similar telecom cases. They vowed to appeal the ruling at a later date.

Copyright 2005 by United Press International

Explore further: What's a group selfie? Usie (pronounced uss-ee)

add to favorites email to friend print save as pdf

Related Stories

'AT&T seeks to buy DirecTV'

May 01, 2014

US telecoms giant AT&T has offered to buy satellite TV firm DirecTV, in the latest move for consolidation in the television and industry, the Wall Street Journal said Thursday.

European parliament adopts 'net neutrality' law (Update)

Apr 03, 2014

The European Parliament voted Thursday to stop Internet providers from charging for preferential access to their networks—a step cheered by consumer groups and startups but bemoaned by the telecommunications industry.

EU reform to scrap mobile roaming fees

Apr 03, 2014

The European Parliament on Thursday endorsed a sweeping package of EU telecommunications reforms, including a much-awaited measure to end roaming charges for cross-border mobile phone use.

Recommended for you

Body by smartphone

38 minutes ago

We love our smartphones. Since they marched out of the corporate world and into the hands of consumers about 10 years ago, we've relied more and more on our iPhone and Android devices to organize our schedules, ...

User comments : 0