The European Union’s top court yesterday upheld a ruling that Spanish telecoms operator Telefonica must pay a €152 million fine imposed by the European Commission for the abuse of its dominant position in the Spanish broadband market.
Telefonica appealed an earlier decision by the General Court that it must pay the fine to the European Court of Justice.
“In today’s judgment, the Court dismisses Telefonica’s appeal in its entirety,” the ECJ said in a statement.
“The fine of €151,875,000 imposed by the Commission and upheld by the General Court therefore remains unchanged,” it said.