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Telefonica Czech Appeal Against Fine Is Rejected, CTK Reports

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Jan. 16 (Bloomberg) -- Telefonica Czech Republic’s appeal against a court decision that ordered the company to pay a fine of 205 million koruna ($10 million) for abusing its dominant market position was rejected by the Constitutional Court, CTK reported, citing the court.

The anti-monopoly office fined Telefonica for hurting competition in 2005, the news service said.

To contact the reporter on this story: Lenka Ponikelska in Prague lponikelska1@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net