Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Swisscom fined millions for dominating sports TV

byCT Report
25/05/2016
in Uncategorized
Share on FacebookShare on Twitter

GENEVA: Switzerland’s main telecomms group Swisscom has been fined 71.8 million Swiss francs ($72.5 million, 64.70 million euros) for abusing its dominant position in sports broadcasting, the Swiss competition authorities said on Tuesday.

The Swiss Competition Commission (COMCO) said Swisscom had gained a “dominant position in live broadcasting of games of Swiss football and ice hockey championships as well as of certain foreign football leagues on pay TV.”

You might also like

FBR exempts certain POS-compliant footwear supplies from retail price tax

18/07/2026

Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed

18/07/2026

This was mainly because one of its subsidiaries, Cinetrade, owns exclusive rights regarding the broadcast of sports content on Swiss pay TV, COMCO said.

“Swisscom has abused this dominant position in several respects,” it said, pointing out that the company for instance only granted competitors access to a reduced range of sports content.

“With these practices, Swisscom has gained an advantage in the competition between TV platforms in an illicit manner,” the competition authority said.

Swisscom and Cinetrade insisted in a statement that they “refute these accusations and consider … this sanction unfair.”

“Swisscom will carefully review the more than 200-page decree that has now been handed down,” it said. “Given the very high fine and the decision’s fundamental character, an appeal will be lodged with the Federal Administrative Court and, if necessary, the Federal Supreme Court.”

Last year the telecomms company was fined 186 million francs for improper pricing of broadband services after as a result of an investigation begun ten years earlier.

The original judgement of 219 million francs was reduced on appeal to the Federal Administrative Court.

Swisscom has since lodged a further appeal to the Federal Supreme Court.

Related Stories

FBR exempts certain POS-compliant footwear supplies from retail price tax

byCT Report
18/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has excluded certain supplies made through digitally integrated and point-of-sale-compliant channels from the...

Tax backlog hits 68,000 despite 24 private members inducted on monthly salaries of up to Rs2.6m; review panel formed

byCT Report
18/07/2026

ISLAMABAD: Pakistan’s tax litigation backlog has climbed to around 68,000 cases despite the appointment of 24 private-sector members to the...

Bahrain pulls $30m from Pakistan bonds as Gulf war weighs on foreign investment

byCT Report
18/07/2026

ISLAMABAD: Bahrain withdrew $30 million from Pakistan’s domestic bonds during the first 10 days of FY2026-27 as the Gulf conflict...

Aurangzeb reviews digital overhaul of FBR through Faceless Centre

byCT Report
18/07/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting to review the implementation roadmap and operational...

Next Post

Canada Revenue Agency corners market on name TED

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.