Slovak Telekom to defend EU antitrust charge

8 May 2012

Deutsche Telekom (DT) and its subsidiary Slovak Telekom (ST) have received an antitrust complaint from the European Commission, the European Union’s antitrust regulator, reports Bloomberg. The crux of the complaint alleges that ST may have refused to give rivals access to its internet networks and may also have charged unfair wholesale prices that prevented competitors from providing retail broadband services at a profit – so called ‘margin squeezing’. The companies have three months to reply and may seek an oral hearing to defend themselves. Under EU rules, companies can be fined as much as 10% of annual sales for breaking antimonopoly rules.

Slovakia, Slovak Telekom (ST, incl. T-Mobile, DIGI)