Basic Search  |  Summaries  |  Advanced SearchPenalty: £42,000,000
Year: 2017
Date: 26 March, 2017
Offence Group: competition-related offences
Offence Type: price-fixing or anti-competitive practices
Violation Description: BT paid £42 million in settlement of a finding by Ofcom that the company misused terms in its contracts to reduce compensations payments owed to other telecoms providers for failing to deliver ethernet leased line services on time. BT's dominant position in network infrastructure require it follow regulations promoting competition in services.
Action Type: agency action
Settlement Type: settlement with Ofcom
Agency: Office of Communications
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: telecommunications
Specific Industry of Parent: telecommunications
Source of Data: (click here)