Home English News Orange’s headquarters raided in March by French antitrust authority – Capital

Orange’s headquarters raided in March by French antitrust authority – Capital

0
Orange’s headquarters raided in March by French antitrust authority – Capital

PARIS (Reuters) – Orange’s headquarters have been raided on March 10 by the French antitrust watchdog, enterprise journal Capital reported on Tuesday, notably over suspicions of an abuse of its dominant place in the fibre optic broadband market.

The raid additionally focused three different company websites of the state-managed telecoms group, which has a 40% share of nation’s fibre broadband sector, Capital reported.

A spokesperson for Orange confirmed {that a} raid came about, with out elaborating on both the timing or extent.

The group has launched authorized procedures to contest seizures by the French competitors authority, the spokesperson added.

France’s antitrust authority did not instantly reply to a request searching for remark.

(Reporting by Mathieu Rosemain; Editing by Kirsten Donovan)



Source link