{"id":93564,"date":"2024-07-05T00:00:00","date_gmt":"2024-07-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/es-moroccan-subsidiary-set-to-pay-aed-2-3-bn-for-anticompetitive-practices\/"},"modified":"2024-07-05T00:00:00","modified_gmt":"2024-07-05T00:00:00","slug":"es-moroccan-subsidiary-set-to-pay-aed-2-3-bn-for-anticompetitive-practices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/07\/05\/es-moroccan-subsidiary-set-to-pay-aed-2-3-bn-for-anticompetitive-practices\/","title":{"rendered":"e&#038;\u2019s Moroccan subsidiary set to pay AED 2.3 bn for \u201canticompetitive practices\u201d"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>e&amp;\u2019s Moroccan subsidiary could pay some AED 2.3 bn in antitrust case: <\/strong>The Court of Appeals of Casablanca rejected an appeal from e&amp; subsidiary <a target=\"_blank\" href=\"https:\/\/www.iam.ma\/index.aspx\" style=\"\" rel=\"noopener\">Maroc Telecom<\/a> in an antitrust case, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/7\/378.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The decision upholds an order by the Commercial Court of Rabat for the company to pay MAD 6.3 bn (AED 2.3 bn) to competitor <a target=\"_blank\" href=\"https:\/\/www.inwi.ma\/\" style=\"\" rel=\"noopener\">Inwi<\/a> over \u201calleged anti-competitive practices.\u201d e&amp; holds majority stakes in Maroc Telecom at 53% shares, while the Moroccan government holds a 22% stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">Background:<\/strong><span style=\"background-color: transparent;\"> The case was originally brought forward by Inwi in 2021 over Maroc Telecom abusing its position in the market, <\/span><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/media-telecom\/court-tells-maroc-telecom-pay-636-mln-inwi-antitrust-case-2024-01-29\/\" rel=\"noopener\">Reuters<\/a><span style=\"background-color: transparent;\"> reported in January, without elaborating. The company was previously fined MAD 3.3 bn in 2020 by Moroccan telecommunications regulator ANRT for limiting competitors' access to their network infrastructure.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>e&amp; said it will \u201cexhaust all legal options to challenge the impact of the court decision.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case was originally brought forward by Inwi in 2021<\/p>\n","protected":false},"author":1,"featured_media":93565,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1625],"tags":[833,84,7,438],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dispute-watch","tag-dispute-watch","tag-e","tag-enterpriseam-uae","tag-telecoms","wpautop","entry"],"acf":{"mongo_id":"df7d31ab-314a-40f2-846d-b89bfad21ae0","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/1978.jpg","photo_position":"above","homepage_title":"","full_issue_title":"e&\u2019s Moroccan subsidiary set to pay AED 2.3 bn for alleged anticompetitive practices","related_issue":[93554],"teaser":"The case was originally brought forward by Inwi in 2021","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.d9cc16f8-e78f-47ee-a8db-1c699be1128e.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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