Telefónicawatch

Telefónica handed EC fine for Brazilian non-compete deal

2022-01-26T14:48:00

tfw161-tt-pharol fine

Source: Wesley Tingey / Unsplash

Decade-long proceedings close with Telefónica — along with Pharol — ordered to hand over €79m for antitrust breach. European Commission findings upheld despite yo-yoing, with final charge held for Telefónica and down slightly for Pharol.

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