The Portuguese Competition Authority fines two telecommunications companies for entering into a cartel (MEO / NOWO)

AdC imposes fine of 84 million euros to MEO for cartel with NOWO* The AdC - Portuguese Competition Authority imposed a fine of 84 million euros on the telecommunication operator MEO for market sharing and price fixing of mobile and fixed telecommunications services with NOWO – Communications. The cartel established by MEO and NOWO resulted in higher prices and less quality of service, as well in as geographical restrictions that harmed consumers throughout the Portuguese territory. Following the conclusion of an MVNO

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Portuguese Competition Authority, The Portuguese Competition Authority fines two telecommunications companies for entering into a cartel (MEO / NOWO), 3 December 2020, e-Competitions December 2020, Art. N° 98284

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