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Pharol loses EU court appeal against revised fine for non-compete deal

( October 2, 2024, 08:38 GMT | Official Statement) -- MLex Summary: Portuguese telecom operator Pharol has seen the EU General Court reject its latest appeal against an antitrust fine for a non-compete clause with Telefónica. Judges said the European Commission did not err in finding the clause was an anti-competitive agreement, and that the regulator did not need to show that the companies had “real and concrete possibilities” of entering each other’s national markets.The judgment is attached. The court's case number is T-181/22 Pharol v Commission....

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