The Hungarian Competition Office (HCO) launched an investigation against Magyar Távközlési Rt. (Matáv) in order to find out whether Matáv had abused its dominant postition between February and July 2002 by determining retail prices in relation to the interconnection fees in the wholesale market in a way that such wholesale prices did not enable other competitor service providers to apply a reasonable margin in the retail market for voice telephony services. The new Hungarian Telecoms Act setting out the legal framework of market liberalization entered into force on 23 December 2001, and it terminated the price regulation in the market of retail and interconnection services. Under the new Telecoms Act, Matáv qualified as a service provider with significant market power as it provided voice
The Hungarian Competition Authority fines incumbent telecom service provider for price squeeze (Magyar Távközlési)
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