Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 4 sources · 17 days · First seen · Last updated
Montenegro telecommunications competition investigation
Overview
In Montenegro, telecommunications operators—specifically Crnogorski Telekom, Mtel, and One—have implemented price increases, prompting regulatory action and consumer rights clarifications.
The Agency for Electronic Communications and Postal Services (EKIP) clarified that mobile users maintain the right to terminate contracts without penalty if they do not accept unilateral changes to terms or pricing, provided they are notified at least 30 days in advance.
Simultaneously, the Agency for Protection of Competition (AZK) has identified potential cartel behavior among these operators, noting instances where service prices were increased within a single day. If legal proceedings prove the existence of a cartel agreement, the companies could face fines ranging from 1% to 10% of their total revenue. Lawmakers have expressed concerns regarding the statute of limitations potentially causing cases to expire before penalties can be imposed.
Entities
Agency for Protection of Competition · Agency for Electronic Communications and Postal Services · Mtel · ONE · Crnogorski Telekom
Timeline
-
2 days ago
[BUSINESS] 3 sourcesMontenegro telecom operators face potential cartel finesMontenegrin telecommunications operators face potential court action and fines of up to 10% of revenue following an investigation into cartel behavior and simultaneous price increases.
-
19 days ago
[BUSINESS] 2 sourcesMontenegrin mobile users can terminate contracts over price hikesMontenegrin mobile users can terminate contracts without penalty if operators unilaterally increase prices, according to the Agency for Electronic Communications and Postal Services.
Sources
biznis.me · bizniscg.me · vecernji.ba · vecernji.hr