EU court adviser rebuffs Deutsche Telekom’s fight for interest on antitrust fine

BRUSSELS: An adviser to Europe’s top court on Thursday said judges should dismiss Deutsche Telekom’s bid to get EU antitrust regulators to pay interest on the reimbursed portion of a fine imposed nearly a decade ago.

A number of companies have recently demanded that antitrust enforcers pay default interest on fines in annulled antitrust cases. Intel is the most high profile case with a claim for 593 million euros ($646.8 million) in interest on a reimbursed fine of 1.06 billion euros.