Member access

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


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
React to this article
20m ago 13,000 T-Mobile cellphone customers in Maine eligible for part of $90 million..
5h ago T MOBILE US : Connecticut gets more than $240,000 in T-Mobile USA settlement
6h ago T MOBILE US : -Mobile pays $90 million o sele cramming complains
8h ago T MOBILE US : -Mobile paying up o $90M in refunds for unwaned ex services; payin..
8h ago T MOBILE US : -Mobile paying a leas $90M for unwaned services
1d agoDJXaviel Niel to Buy Orange Switzerland -- 2nd Update
1d ago DEUTSCHE TELEKOM : Vulnerability: DT protects mobile network
1d ago T MOBILE US : to Present at the 42nd Annual UBS Global Media and Communications ..
1d agoDJXaviel Niel to Buy Orange Switzerland -- Update
1d ago DEUTSCHE TELEKOM : UPDATE: PRESS: BT Preparing Big Financing Package For EE Deal..
Duration : Period :
Deutsche Telekom AG Technical Analysis Chart | DTE | DE0005557508 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes