Memo: Competition: Commission sends Statement of Objections to Telefónica concerning provision of broadband Internet access

The European Commission confirmed on 22 February 2006 that it decided to open formal proceedings against Spanish telecoms operator Telefónica. The Commission sent a Statement of Objections explaining why it took the view that Telefónica had been abusing its dominant market position in contravention of EC Treaty rules (Article 82) in the form of a so-called ‘margin squeeze’ in the Spanish broadband Internet access markets since 2001.