Spectator on facebook

Spectator on facebook

Slovak Telekom fined Sk526 million

The Antitrust Office (PMÚ) fined Slovakia's dominant fixed-line operator Slovak Telekom Sk525.8 million (€15.65 million) for abusing its dominant position on the market. The Antitrust Office ruled that Slovak Telekom set its wholesale and retail prices in an anti-competitive practice called a margin squeeze. PMÚ spokeswoman Alexandra Bernáthová defined a margin squeeze as setting prices to exclude or restrict competition, the SITA newswire wrote.

The Antitrust Office (PMÚ) fined Slovakia's dominant fixed-line operator Slovak Telekom Sk525.8 million (€15.65 million) for abusing its dominant position on the market. The Antitrust Office ruled that Slovak Telekom set its wholesale and retail prices in an anti-competitive practice called a margin squeeze. PMÚ spokeswoman Alexandra Bernáthová defined a margin squeeze as setting prices to exclude or restrict competition, the SITA newswire wrote.

Slovak Telekom denies the accusations and will appeal the fine.

The Antitrust Office said that in 2004 and 2005, Slovak Telekom introduced tariffs on the retail market within individual calling programmes that enabled its clients 30-minute calls for a single crown during a certain time of day and also tariffs facilitating calls free of charge in the defined period of time. Shortly afterwards, in August 2005 alternative operators entered the market who had to pay a wholesale price to Slovak Telekom - so-called interconnection fees.

The Antitrust Office also said that the free minutes that Slovak Telekom provides in these calling programmes limit competition and shut off a part of the market for alternative operators. A common client has economic motivation to spend these free minutes and thus a considerable portion of telecommunication needs are covered exclusively via Slovak Telekom, said Bernáthová.

Compiled by Jana Liptaková from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Blog: Are flying cars coming to the skies?

At least 19 companies, including a Slovak one, are currently developing flying car planes, but there are still many issues that must be worked out.

AeroMobil

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

The biggest antiquarian bookshop from Leopoldov is stored in Trnava Photo

The new year could bring a new cultural centre in antiquarian bookshop.

Archive photo