The European Commission fines two companies €79 M for agreeing not to compete with each other in their respective home telecommunications markets (Telefónica and Portugal Telecom)

The Commission fines Telefónica and Portugal Telecom €79 million for agreeing not to compete with each other in their respective home telecommunications markets. I. The Parties Telefónica is the historical operator on the Spanish market. It has a limited presence on the Portugese market. It provides final clients with accesses to fixed telephony, mobiles, internet and data and pay TV. Additionally, it provides wholesalers with accesses to WLR, unbundled loops and ADSL. Portugal Telecom is the historical operator on the Portuguese telecommunications market. It is not active in the Spanish market. It offers fixed telephony, mobiles, multimedia, data and corporate solutions services. Vivo is a Brazilian mobile company which was owned by both Portugal Telecom and Telefónica. II. The Facts

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Alexandre Defossez, Pablo González De Zárate Catón, The European Commission fines two companies €79 M for agreeing not to compete with each other in their respective home telecommunications markets (Telefónica and Portugal Telecom), 23 January 2013, e-Competitions Bulletin January 2013, Art. N° 51822

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