Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

EU's Preliminary Conclusion Finds Slovak Telekom Breached Antitrust Law

05/08/2012 | 03:49am US/Eastern

European Union antitrust authorities said Tuesday they had reached a "preliminary conclusion" that Slovak Telekom has breached EU competition law, including charging unfair wholesale prices aimed at imposing a margin squeeze on competitors.

The EU also said in a statement that Slovak Telekom's parent company, Deutsche Telekom AK (>> Deutsche Telekom AG), "may be liable for the conduct of its subsidiary" because of "the nature and degree of its links" with Slovak Telekom.

Deutsche Telekom owns a 51% stake in the Slovak company.

The EU Tuesday delivered a statement of objections to the two companies, a formal step in the antitrust procedure where the EU informs the parties in writing about the objections raised against them.

The companies can still set out the relevant facts in their defense so the EU's move Tuesday doesn't prejudge the outcome of the investigation.

The case against Slovak Telekom is that it may have refused to supply unbundled access to competitors to parts of its network and may have imposed a "margin squeeze on alternative operators by charging unfair wholesale prices."

The EU also said Slovak Telekom had "used delaying tactics and obstructed negotiations" with competitors over access to the company's networks.

-By Laurence Norman, Dow Jones Newswires; +32 (0)2 741 1 481;

Stocks mentioned in the article : Deutsche Telekom AG
Recommend :
React to this article
1d ago DEUTSCHE TELEKOM : Viralheat, Deutsche Telekom HBS, and Appia Executives to Spea..
1d ago DEUTSCHE TELEKOM : english (DGAP DD)
1d ago DEUTSCHE TELEKOM : EC clears Deutsche Telekom's acquisition of Poland-based GTS ..
1d ago DEUTSCHE TELEKOM : European Commission approves acquisition of GTS Central Europ..
2d ago T MOBILE US : Want the New Samsung Galaxy S 5 but Stuck in a Contract? Only T-Mo..
2d ago DEUTSCHE TELEKOM : European Commission approves acquisition of GTS Central Europ..
2d agoDJDEUTSCHE TELEKOM : European Commission Approves Deutsche Telekom Plan to Buy GTS..
2d ago DEUTSCHE TELEKOM : wins EU approval for GTS acquisition
3d ago T-Mobile ends overage charges, CEO challenges competitors to follow
3d agoDJT-Mobile to Eliminate Overage Charges on Consumer Plans
Duration : Period :
Deutsche Telekom AG Technical Analysis Chart | DTE | DE0005557508 | 4-Traders
Income Statement Evolution
Deutsche Telekom AG : Income Statement Evolution
More Financials
Dynamic quotes