FT fined for market abuse in French overseas territories

29 Jul 2009

France Telecom (FT) is to be fined EUR27.6 million (USD39.3 million) after the country’s competition authority judged that the telco had abused its dominant position in French overseas territories. In a statement the authority said that between 2001 and 2006 FT made it difficult for new operators in the fixed line and broadband markets in Martinique, Guadeloupe, Guyana and Reunion. FT has admitted most of the charges, but says the fine is excessive. The telco has yet to announce whether it will appeal.

France, Réunion, Orange Group