Telenor risks 100 million euro anti-competition fine

24 Nov, 2016

Norway's telecoms operator Telenor risks a 100 million euro fine for abuse of a dominant market position, the country's competition authority warned on Wednesday. Telenor, which is 54 percent owned by the Norwegian state, is accused of impeding the entry of a third competing mobile network into the country between 2010 and 2014.
"Infringements of the Competition Act's ban on abuse of a dominant position are very serious, and the notified fine of 906 million kroner (100 million euros, $106 million) underlines this," the competition authority's director general Lars Sorgard said in a statement.
Norway is one of the few European countries to have only two telecoms networks in Telenor and Sweden's Telia.

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