Bezeq, Israel’s largest telecoms group, has been fined 30 million shekels (US$8.6 million) for what the competition regulator stated was an “abuse of the firm’s monopolistic position” in telecommunications infrastructure.
The antitrust authority also imposed a financial penalty of 500,000 shekels (US$141,716) on a senior Bezeq official and announced on Wednesday, September 4, it intended to levy a further 8 million shekel (US$2.27 million) fine on Bezeq for misinformation during the authority’s investigation.
The regulator claimed Bezeq blocked competitors from deploying wired communications networks using the company’s infrastructure, which “could adversely affect the development of competition in the supply of Internet, television and wired telecoms services.”
Full Content: Reuters
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