Telecoms Fined for Anti-Competitive Practices

In Costa Rica the Commission to Promote Competition has fined Ericsson, Huawei, Nokia and Continental Continex for "obviously anticompetitive conduct."

Tuesday, July 10, 2012

Faced with a complaint lodged by the Instituto Costarricense de Electricidad (ICE), the Commission to Promote Competition (COPROCOM) at the Ministry of Economy and Commerce, fined each company $236 thousand, for "obviously anticompetitive conduct."

"The case originated in 2008 during the tender process for a third-generation wireless system, known as the "Advanced Mobile System Project. "

The ICE complained about the businesses conduct after they finally declared in a joint note their inability to make an offer if the terms of the direct procurement were not modified", reported Nacion.com

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