Polish Telephone Operator Fined for Monopolistic Practices

Published: 2 February 2001 y., Friday
The Polish national telephone operator Telekomunikacja Polska SA (TPSA) was fined 54.1 million zlotys (14.1 million euros, 13.1 million dollars) on Monday for monopolistic practices by the country's competition authority. Despite a warning in July, TPSA continued to apply artificially high tariffs for intercity calls of longer than 100 kilometers (62 miles), the competition and consumer protection office told PAP news agency. The competition authority said the high tariffs for intercity calls allowed TPSA to subsidize local services for which there is some competition. Poland will completely liberalize the local and domestic intercity market in January 2002 and intercity calls in January 2003. A France Telecom-led consortium paid 4.6 billion euros for a 35-percent stake in TPSA last year.
Šaltinis: FPA
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Commission temporarily authorises aid measures for Austrian bank BAWAG P.S.K.

The European Commission has authorised under EU state aid rules a €550 million capital injection and a €400 million guarantee in favour of the Austrian bank BAWAG. P.S.K. The Commission found the measures to be in line with EU state aid rules. more »

Sharpest Decrease in Hourly Labour Costs Recorded in Lithuania

EUROSTAT has reported that the sharpest annual decrease in hourly labour costs of -10.9% was observed in Lithuania in the 3rd quarter of 2009. more »

Changes in the unemployment rate in III quarter 2009

Statistics Lithuania informs that, according to the Labour Force Survey data, the number of the unemployed in III quarter 2009 made 228.1 thousand. more »

The economic recovery in the euro area is gathering momentum, albeit at a modest pace

What has come to be termed as the "Great Recession" seems to have come to an end in the third quarter of 2009. more »

Commission approves Lithuanian short-term export credit insurance scheme

The European Commission has authorised, under EU State aid rules, a measure adopted by Lithuania to limit the adverse impact of the current financial crisis on exporting firms. more »

Tree more directions from Vilnius to European cities

The schedule of Vilnius International Airport (VIA) is supplemented with 3 more new directions; the airline company airBaltic starts regular flights to Paris today, to Munich tomorrow, and to Berlin on Monday. more »

ECB decides to start construction works for its new premises in spring 2010

The Governing Council of the European Central Bank (ECB) has decided to start the main construction works for its new premises in spring 2010. more »

The award to Bank SNORAS from NASDAQ OMX Baltic Stock Exchange

AB Bank SNORAS was granted the award from NASDAQ OMX Baltic Stock Exchange for the jubilee 15-year listing of the bank’s shares on NASDAQ OMX Vilnius Stock Exchange. more »

Parex banka establishes subsidiary for real estate management

Parex banka has established a subsidiary, SIA NIF, which will professionally manage assets that are not related to the Bank’s core business. more »

Commission proposes measures to ensure that Greek farmers can receive EU support payments

Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development, today put forward a plan to ensure that Greece will put in place the systems necessary to allow EU aid payments to be made to farmers. more »