\tTelenor pledged to meticulously review a decision by Norway’s Competition Complaint Board to uphold an earlier verdict stating the operator had restricted competition in the country.<\/p>\n
The Norwegian Competition Authority slapped a NOK788 million ($92.1 million) fine on Telenor [1] in June 2018, arguing the pricing model used in a wholesale agreement with Network Norway restricted competition in the market from 2010 to 2014.<\/p>\n
In a statement today (20 June), Telenor said it believes the “agreement between Telenor and Network Norway neither limited competition nor the development of a third network, and the price model was legal\u201d.<\/p>\n
\u201cTelenor maintains that the agreement resulted in significant price reductions for Network Norway, was better adapted to the end-user market with packages that included data offerings, and resulted in better offers to customers and increased competition in the mobile market.\u201d<\/p>\n
The issue concerns the fees paid to Telenor by new entrant Network Norway, including whether the deal was structured in such a way as to disincentivise the latter from developing its own operations.<\/p>\n
Telenor noted the Competition Complaint Board’s decision was not unanimous, with one of the three members agreeing with its view.<\/p>\n
Petter-Borre Furberg, CEO of Telenor Norway, said: \u201cTelenor has three months to issue writ of summons before the Gulating Court of Appeal. We will now thoroughly review the Competition Complaint Board\u2019s decision.\u201d<\/p>\n[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telenor-norway-faces-record-competition-authority-fine\/<\/p>\n","protected":false},"excerpt":{"rendered":"
Telenor pledged to meticulously review a decision by Norway’s Competition Complaint Board to uphold an …<\/p>\n
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