Vodafone Group Plc Sues Telecom Italia SpA For EUR1 Billion-Reuters

Sunday, 4 Aug 2013 08:22am EDT 

Reuters reported that Vodafone Group Plc is suing Telecom Italia SpA for abusing its dominant position in Italy, seeking damages of more than EUR1 billion ($1.3 billion). Vodafone spokeswoman said in an email on August 4, 2013, the civil action in Milan stated that Telecom Italia committed a series of abuses from 2008 to 2013 'with the intention and effect of impeding growth in competition in the Italian fixed-line market'. Telecom Italia rejected the claim saying it was confident it would demonstrate the 'total correctness' of its behaviour. In May, Italy's competition authority fined Telecom Italia about EUR104 million for abusing its dominant market position as owner and manager of the fixed-line telephone network. Telecom Italia has said it would appeal against the antitrust fine, which was decided after a three-year investigation prompted by rivals Wind and broadband company Fastweb, a unit of Swisscom. Vodafone said Telecom Italia had caused a loss of customers, restricted Vodafone Italy‚Äôs ability to grow its fixed-line business, and forced it to pay artificially high costs to compete in the market. 

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