Italian court rejects TIM request to freeze 116 mln euro fine

MILAN: An Italian administrative court has rejected a request by Telecom Italia to suspend a fine imposed by competition authorities for abusing its position in the broadband market, a court document showed on Tuesday.

In March, Italy’s antitrust authority fined the former phone monopoly 116 million euros ($133 million), saying it had conducted a “premeditated anti-competition strategy” aimed at hindering competitors’ investments in ultra-fast broadband.

That prompted Italian broadband operator Open Fiber to ask TIM for 1.5 billion euros in damages, sources have said. .