Mobistar welcomes the judgment of the Brussels Court of Appeal in the case against Proximus on abusive pricing practices
(Thomson Reuters ONE) -
Brussels, 27 February 2015 - Mobistar welcomes the judgment of the Court of
Appeal in legal proceedings that it conducted together with the Base/KPN Group
against Proximus concerning abusive pricing practices in the late 90s - early
2000s. The judgment confirms that Proximus held a dominant position on the
market for mobile telephony and might have abused this position.
The Court of Appeal modifies the mission of the experts that were previously
appointed by the Brussels Commercial Court and enlarges the number of abuses
that must be examined by the experts.[1]The Court also clarifies the method that
must be used thereto. The Court further provides that Proximus must bear half of
the advanced costs for carrying out the expertise. The final expert report must
be submitted by the end of March 2016. The Court postponed the evaluation of the
damage potentially incurred to a later stage of the proceedings.
Background
In March 2004, Mobistar joined the court action launched by Base/KPN Group
against Proximus for abuses of dominant position, in particular the charging of
very low tariffs for calls between its own customers while it charged (i) very
high rates to other operators and (ii) very high tariffs for calls to the
customers of its competitors.
In May 2007, the Brussels Commercial Court delivered an interlocutory judgment
confirming Proximus' dominance on the mobile telephony market and its possible
abuses on that market. The Brussels Commercial Court appointed two experts to
assess the existence of margin squeeze practices and the anti-competitive
effects of the exploitation of the network effects. The experts were also
requested to estimate the related damages that were incurred.
The expert proceedings ordered by the Brussels Commercial Court were stopped in
2012 following the request by Proximus to replace the experts. New experts were
appointed in 2014 and started their mission. These expert proceedings were put
on hold awaiting the final judgment of the Court of Appeal.
--------------------------------------------------------------------------------
[1] Apart from the abuses concerning margin squeeze and exploitation of network
effects, the experts must also examine the abuses relating to loyalty rebates
and predatory pricing.
Mobistar Investor Relations
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Source: Mobistar via GlobeNewswire
[HUG#1897958]
Unternehmensinformation / Kurzprofil:
Datum: 27.02.2015 - 09:02 Uhr
Sprache: Deutsch
News-ID 374805
Anzahl Zeichen: 3128
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Town:
Brussels
Kategorie:
Business News
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