European Commission has commanded Telefonica, Spain’s telecommunications giant to pay Euro151.9 million (around USD206.5 million) over EU antitrust rules and regulations’ violation. Telefonica, the sixth largest service provider in the world is said to have monopolized the broadband service market by utilizing its advantageous position over its competitors. The decision was made after accusation against Telefonica that it has set unreasonable high price on its … Continue reading Highest AntiTrust Penalty Against Telefonica