Italian court rejects TIM's appeal against Antitrust's 116 million euro fine

MILAN - An Italian administrative court rejected an appeal by Telecom Italia against a 116 million euro ($130 million) fine from the country's competition watchdog, a court document showed.

In 2020 the competition authority fined Telecom Italia (TIM) for abusing its dominant position in the broadband market in an attempt to obstruct the entrance of rivals.

($1 = 0.8907 euros)