June 30, 2020 / 7:25 AM / a month ago

Norway's Telenor fined 112 mln euros for anticompetitive practices

OSLO, June 30 (Reuters) - A European monitoring body said on Tuesday it had fined Norwegian telecoms company Telenor 112 million euros for anticompetitive practices.

“Telenor abused its market dominance by a pricing strategy that resulted in rivals making a loss when selling residential mobile broadband services on tablets and laptops,” the EFTA Surveillance Authority said in a statement.

Telenor said it would appeal the decision. (Reporting by Gwladys Fouche, editing by Nerijus Adomaitis)

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