EU investigators probe Swedish mobile telecoms firms


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BRUSSELS (AP) — The European Union's competition watchdog says investigators have launched surprise inspections at a number of Swedish mobile telecoms companies amid concerns over a possible cartel.

The European Commission said that Tuesday's inspections are a first step in the investigation of anti-competitive practices. It did not name any of the companies targeted.

The inspections are helping to establish whether "Swedish mobile network operators may have engaged in anti-competitive conduct preventing entry into the consumer segment of the Swedish mobile telecommunications market, in breach of EU antitrust rules."

The Commission noted that the surprise inspections do not mean the companies are guilty of any misconduct. No deadline has been set to end the probe.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast