Fines up to VND 200 million on acts of violations on regulations of business competition in telecommunications

 The Government has issued Decree No.174/2013/ND-CP regulating on handling administrative violations in the domain of post, telecommunications, technology and radio frequency bands.

According to Clause 4, Article 21 of this Decree, fines from VND 170 million to VND 200 million are applied to one of the violations as follows: telecommunications businesses that dominate the market or telecommunications businesses that possess essential devices use information of other business to compete unfairly or to clear telecommunications service among them for the unfair competition purpose.

Apply the fines from VND 70 million to VND 100 million for telecommunications businesses that dominate the market or telecommunications businesses or possess essential devices takes advantages of their telecommunications networks and essential devices to impede the market penetration, limit, cause troubles to provision of telecommunications services by other telecommunications businesses.

This Decree has 8 sectors, 104 articles regulating on violations, sanctions, fines, remedies, competence to make report and competence to handle administrative violations in post, telecommunications, technology and radio frequency bands.

This Decree takes effects from 15 January, 2014.