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Europe Daily Bulletin No. 10770

24 January 2013
Contents Publication in full By article 12 / 40
ECONOMY - FINANCE - BUSINESS / (ae) competition
Fines of €79 million for Telefonica and Portugal Telecom

Brussels, 23/01/2013 (Agence Europe) - On 23 January, the European Commission imposed fines of €66,894,000 on Telefónica and of €12,290,000 on Portugal Telecom for agreeing not to compete with each other on the Iberian telecommunications markets, in breach of Article 101 of the Treaty on the Functioning of the European Union (TFEU) which prohibits anti-competitive agreements. In July 2010, in the context of the acquisition by Telefónica of the Brazilian mobile operator Vivo, which was...

Contents

INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COUNCIL OF EUROPE
COURT OF JUSTICE OF THE EU