BUSINESS IN SHORT

Antitrust Office re-imposes Sk885m fine on Slovak Telekom

THE SLOVAK Antitrust Office (PMÚ) has re-issued an order for Slovak Telekom, the country’s dominant fixed-line operator, to pay a fine of Sk885 million (€29.38 million) for misusing its market dominance. According to the PMÚ, Slovak Telekom failed to provide local loop access as required to its competitors, the SITA newswire wrote.

THE SLOVAK Antitrust Office (PMÚ) has re-issued an order for Slovak Telekom, the country’s dominant fixed-line operator, to pay a fine of Sk885 million (€29.38 million) for misusing its market dominance. According to the PMÚ, Slovak Telekom failed to provide local loop access as required to its competitors, the SITA newswire wrote.

The PMÚ’s order came after it had re-investigated the case, which it was forced to do after the Bratislava Regional Court cancelled the original decision and returned the case for review. The decision to fine Slovak Telekom is not yet final.

Slovak Telekom said it will appeal against the PMÚ’s decision. According to the company, the PMÚ has not respected the verdict of the Regional Court and the company thus rejects its decision on the misuse of its dominant position.

The dispute dates back to 2005, when the PMÚ originally imposed a fine of Sk885 million on Slovak Telekom.


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