TIM fails in appeal to suspend EUR116m fine

22 Jul 2020

A court in Italy has dismissed an appeal by Telecom Italia (TIM) to suspend a EUR116 million (USD133 million) fine which was imposed by regulators earlier this year. The fine was handed down in March after the Competition Authority (Autorita Garante della Concorrenza e del Mercato, AGCM) ruled that the former monopoly had carried out a ‘premeditated anti-competitive strategy’ which hampered its rivals’ efforts to gain market share in the broadband sector. TIM requested that the fine be suspended while a decision was reached on the merit of the case, but an administrative court has decided that there are ‘no compelling reasons to satisfy the request’. Rival operator Open Fiber recently hit TIM with a EUR1.5 billion damages claim relating to the same charges.

Italy, Telecom Italia (TIM)