10.9 C
Bucharest
May 18, 2022
BUSINESS

Court postpones ruling in Orange, Vodafone fine

Orange and Vodafone were granted, by a court ruling issued last month, a suspension of the enforcement of the Competition Council (CC) decision, by which the two companies were dealt, this year, fines of EUR 34.8 M and, respectively, EUR 28.3 M, for abuse of a dominant position, HotNews reports. The enforcement of the decision is suspended until the court of first instance issues a final ruling. According to the competition law, the court can issue such a ruling only under pain of the defendants’ paying a bail amounting to 30 pc of the total fine, which means Orange and Vodafone had to pay jointly EUR 18.9 M.

Related posts

Tarom denies preparation for general strike

Nine O' Clock

Antibiotice SA records gross profit up by 13pct in H1

Nine O' Clock

Italy raises EUR 7.5 bln in bond issue, rates record high

Nine O' Clock