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

FCCI top office-bearers set for unopposed election

26/09/2026

KPRA team visits private hospitals, directs to submit financial data

26/09/2026

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

FCCI top office-bearers set for unopposed election

byCT Report
26/09/2026

FAISALABAD: The election process of the Faisalabad Chamber of Commerce & Industry (FCCI) has entered its final stage after the...

KPRA team visits private hospitals, directs to submit financial data

byCT Report
26/09/2026

PESHAWAR: An enforcement team of Khyber Pakhtunkhwa Revenue Authority (KPRA), Mardan & Malakand Region visited multiple registered private hospitals and...

Pakistan Navy seizes over 2,800kg narcotics worth $750m in Arabian Sea

byCT Report
26/09/2026

KARACHI: Pakistan Navy ships PNS Hunain and PNS Yarmook have seized more than 2,800 kilograms of narcotics during a joint...

LHC halts FBR recovery drive against Mepco over Rs4.53b tax dispute

byCT Report
26/09/2026

LAHORE: The Lahore High Court (LHC) has restrained the Federal Board of Revenue (FBR) from taking coercive action against the...

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.