Norway fines its main telecoms firm for blocking competition

COPENHAGEN, Denmark — The Norwegian Competition Authorities has fined Norway's largest telecoms provider Telenor 788 million kroner ($96 million) for abusing its dominant position on the country's mobile market.

The watchdog's director general, Lars Soergard, says Telenor made "a serious infringement of competition law" when creating "barriers for the development of a third mobile network in Norway."

The watchdog agency said Telenor introduced amendments to the network access agreement with the intention of limiting further investments in the third mobile network in Norway in 2010.

Thursday's fine was the largest ever given by the Competition Authority "to reflect the breach of the Norwegian Competition Act."

In a statement, Telenor CEO Berit Svendsen said the group had not violated any laws, adding the group likely would file an appeal.

Related News

8,000-year-old female figurine uncovered in central Turkey

Sep 15, 2016

Archaeologists have uncovered a rare stone figurine of a woman dating back 8,000 years at a dig in Turkey's central province of Konya that an expert says is one of only a handful of statuettes from that era ever found in one piece

Powell discusses secret Israeli nukes in leaked 2015 email

Sep 16, 2016

Former Secretary of State Colin Powell discussed Israel's nuclear weapons capability with a friend in a private email exchange last year that hackers leaked this week

Watchdog to probe Comey's, FBI's actions before election

Jan 12, 2017

The Justice Department inspector general has opened an investigation into department and FBI actions before the election, including whether FBI Director James Comey followed established policies in the email investigation of Hillary Clinton

Peaple also read these

Watchdog to probe Comey's, FBI's actions before election

Jan 12, 2017

The Justice Department inspector general has opened an investigation into department and FBI actions before the election, including whether FBI Director James Comey followed established policies in the email investigation of Hillary Clinton

Samsung details causes of Note 7 fires but questions remain

Jan 23, 2017

Samsung Electronics says flaws in the design and production of batteries used in its Galaxy Note 7, not its hardware or software, made the smartphone prone to catching fire

Czech foreign minister: ministry email hack took months

Feb 2, 2017

The Czech Republic's foreign minister says that a successful hacking attack on his email account and the accounts of dozens of ministry officials took place for months

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com