By Manny Pham
Polish cable operator Vectra is facing fines of up to €10,000(US$10,.519.10) per day for failing to meet regulatory conditions for its acquisition of rival Multimedia Polska.
CommsUpdate reported, the Polish Office of Competition and Consumer Protection (Urzad Ochrony Konkurencji i Konsumentow, UOKiK) approved the merger on the condition Vectra sell its networks in eight cities and offer customers in 13 locations the option to switch providers without charges.
UOKiK said the company has sold networks in only three cities, which is why the daily fine is being lined up.
In a statement to Telkio.in, Vectra stated it “met the vast majority of the conditions imposed by [UOKiK]” and that the networks it pledged to sell represent “an insignificant percentage of Multimedia Polska’s assets.”
The company also added it had increased competition by deploying FTTH infrastructure and allowing rival Play to host services on it.
“Our actions directly address issues regarding the possibility for customers to use the services of more than one supplir,” read Vectra’s statement.
