French mobile operator Orange fined 350 mln euros: regulator

Image
AFP Paris
Last Updated : Dec 17 2015 | 3:28 PM IST
French telecommunications operator Orange has been fined 350 million euros (USD 380 million) for breaching competition rules in the corporate market, the French competition regulator said today.
The fine, the biggest the regulator has ever slapped on an individual company, comes after competitors Bouygues Telecom and SFR complained that Orange had been hindering free competition in the business market for fixed and mobile phones since the early 2000s, the authority said.
Bouygues has since dropped out of proceedings after reportedly receiving a large payoff from Orange.
Orange had established a number of anti-competition practices, especially loyalty schemes, that stopped corporates from picking a different operator for even part of their telecoms needs, the authority said.
Orange had also restricted other operators' access to client information it held thanks to its former monopoly position as historic fixed-line operator France Telecom, it said.
The competition authority said it had ordered Orange, which had been cooperating in the investigation, to immediately re-establish a "healthy competition situation" in its markets.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 17 2015 | 3:28 PM IST

Next Story