28/06/2016 (Agence Europe) - Commission will have to recalculate fines on Portugal Telecom and Telefónica. On Tuesday 28 June, the General Court of the EU confirmed the legality of the European Commission's 2013 decision imposing fines on PT (formerly Portugal Telecom) and Telefónica for having concluded an agreement of non-competition on the Iberian telecommunications markets and subsequently breaching EU rules banning anti-competition agreements (see EUROPE 10770). In its ruling (Joint...