Orange, SFR and Bouygues

Orange, SFR and Bouygues Telecom (three main mobile operators in France) have been fined €534m for market collusion between 1997 and 2003. They have exchange confidential and strategic information, maintain high prices and fixed market shares among themselves. The fines - the largest ever handed out by the antitrust authority - have been denigrated by unrepentant operators that will appeal the fine.