Telecom fined record $12M

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Tue, 19 Apr 2011 10:15a.m.

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Telecom has been fined a record $12 million by the High Court in Auckland for breaching sector 36 of the Commerce Act.
Telecom has been fined a record $12 million by the High Court in Auckland for breaching sector 36 of the Commerce Act.

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24 Apr 2011 01:00p.m.

Alan Brown wrote:

Act illegally, make 200+ million, drive competitors out of business.
Pay trivial fine
PROFIT!

(Back in the 1900s whenever anyone complained about Telecom's activities the MoC investigations would be summarily terminated by ministerial order.... Perhaps that bears some investigation!)

20 Apr 2011 10:14a.m.

Ty Williams wrote:

Yup, they break the law and next we'll be paying them millions to build UFB. Way to go national party...

19 Apr 2011 10:45a.m.

Heidi wrote:

Where does $12 million actually go? To the government, downstream telcos? Surely not to the end consumer.

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