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EU raids Slovak Telekom for anti-trust activities

FNE Staff 2009-01-22
The European Commission announced on January 22 that it had raided Slovak Telekom on suspicion of abuse of its leading market position.

The unannounced inspection took place one week earlier, with participation from Slovak government inspectors.

The inspection focused on the company's IPTV and broadband services, according to a spokesperson.

Slovak Telekom, which is 51% owned by Deutsch Telekom and the remainder by the Slovak government, was fined €29 million by Slovakia's anti-monopoly authority in 2008 for abuse of its monopoly position. A press release said that although the probe did not imply guilt, Slovak Telekom could receive heavy fines if found guilty of deliberately squeezing competitors out of the market.