THE COUNCIL of the Slovak Antitrust Office (PMÚ) confirmed a record high Sk885 million (€23.5 million) fine for fixed-line operator Slovak Telecom (ST) for misusing its dominant market position, the Hospodárske noviny business daily wrote.
The fine was imposed last year but ST appealed the verdict.
ST insists, however, that the PMÚ verdict is not correct and that it will take the case to court.
ST president Miroslav Majoroš said that after taking all legal steps in Slovakia, it is also determined to take the case to European institutions.
According to the PMÚ ST failed to provide access to local loops to its competitors, thus hindering competition.
Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
19. Jan 2006 at 9:14