Monday, January 29, 2007

EC Prevails in Court 2003 Case against Wanadoo

The European Commission prevailed in a legal case in which France Télécom SA, formerly Wanadoo Interactive SA, had appealed the Commission's 2003 decision concerning predatory pricing. In July 2003, the Commission fined Wanadoo EUR 10.35 million for charging predatory (below cost) prices for its Pack eXtense and Wanadoo ADSL services as part of a plan aimed at excluding competitors from the market for high speed internet access. The Court of First Instance ruled that the European Commission was right to reach its conclusion in the matter. The court also confirmed the EUR 10.35 million fine imposed by the Commission.

http://www.europa.eu