Printed from http://www.electronista.com

Netherlands grills KPN, Vodafone, T-Mobile on price fixing

updated 02:35 pm EST, Tue December 6, 2011

KPN, Vodafone, T-Mobile under investigation

The Dutch competition authority, NMA, searched the offices of wireless providers KPN, Vodafone and T-Mobile on Tuesday over alleged price fixing. The three carriers are accused of sharing of market information and cartel prices, Reuters said. The three companies are cooperating with the investigation.

KPN revealed that its main offices were raided at 8:30AM on Tuesday and that five employees are in questioning. The officials were specifically curious about cellphone rate plans along with KPN's sales channels.

According to Dutch broadcaster NOS, the investigations were started by the whistleblowing of a former director at one of the companies and a board member at a telecoms firm.

The same three carriers were recently found guilty in a different price-fixing case that was launched over ten years ago. KPN was fined 7.93 million euros (about $10.6 million), T-Mobile 4.6 million euros ($6.2 million) and Vodafone 3.72 million euros (nearly $5 million).



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Samsung Galaxy S6 Edge

The Samsung Galaxy S6 range is a critical component in Samsung's flagging smartphone strategy. With sales of its high-end smartphones ...

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softball ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Advertisement

toggle

Most Commented

 
toggle

Popular News