Deutsche Telekom wins EU interest fight, bodes well for Intel
BRUSSELS - Deutsche Telekom on Tuesday won a legal fight to get EU antitrust regulators to pay interest on the portion of a fine reimbursed after an appeal, in what could be good news for a similar 593-million-euro claim by Intel.
The Commission imposed a 31 million euro fine on Deutsche Telekom in 2014 for charging unfair wholesale prices in Slovakia. A lower tribunal cut the penalty to 19 million euros and ordered the Commission to pay some 1.8 million euros in interest. The Luxembourg-based Court of Justice of the European Union sided with the German telecoms operator.
"That interest is intended to compensate, at a standard rate, the undertaking concerned for the loss of enjoyment of the amount in question," they said."The Commission will carefully study the judgment and assess its implications," a spokesperson said.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Intel suspends expansion of factory plan in IsraelExplore why Intel Israel Expansion Halt affects its semiconductor project in Kiryat Gat, reflecting on business decisions amidst r...
مزید پڑھ »
Does Sania's chat at Kapil Show give clue she has plan for second marriage?Says, “I have to find a love interest first”
مزید پڑھ »
Turkish inflation hits 75pc in expected peak before reliefInterest rates currently stand at 50pc after 4,150 basis points hikes since June last year
مزید پڑھ »
The rich to push India home prices higher, affordable housing supply to lag demandHome purchases driven by select few who mostly remain unaffected by higher interest rates
مزید پڑھ »
Federal and KP govts agree to prioritize national issues: MusadikMusadik Malik said federation and provinces must unite and work together in the national interest.
مزید پڑھ »
Turkish FM meets COAS Munir, lauds army's role for regional peace, stabilityISPR says army chief, Turkish minister discussed matters of mutual interest during the meeting
مزید پڑھ »