Published by Global Banking & Finance Review®
Posted on December 19, 2024
1 min readLast updated: January 27, 2026
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BT won a $1.6 billion lawsuit in the UK over alleged customer overcharging for fixed lines, with the Competition Appeal Tribunal ruling in its favor.
LONDON (Reuters) - BT defeated a 1.3 billion pound ($1.64 billion) lawsuit brought against the British telecoms firm for allegedly overcharging millions of customers for fixed telephone lines, a London tribunal ruled on Thursday. The Competition Appeal Tribunal ruled in favour of BT in a case which accused the former telecoms monopoly of excessively increasing prices.
($1 = 0.7904 pounds)
(Reporting by Muvija M and Sam Tobin; Editing by Kate Holton)
The main topic is BT's victory in a $1.6 billion UK lawsuit over alleged customer overcharging for fixed telephone lines.
The Competition Appeal Tribunal in London ruled in favor of BT.
BT was accused of excessively increasing prices for fixed telephone lines, leading to alleged overcharging.
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