Telstra have been fined $26.5 million by a
Federal Court judge for mistakenly locking broadband competitors
out of Telstra exchanges.
The fine results from Telstra denying its retail competitors access
to Telstra exchanges, inhibiting their ability to compete for
retail customers.
Telstra is not appealing the decision and has accepted full
responsibility, in light of this the Federal Court judge provided a
30 per cent discount, allowing Telstra to only have to pay
$18.5m.
Whilst Telstra's competitors are happy that justice is served, they
are firm in the view that until Telstra is split up between the
wholesale and retail divisions, there will not be a level playing
field for effective competition.
Tim Wolfenden, CEO of Make
It Cheaper comments: "This is a pretty hefty fine, but
goes nowhere towards creating a well regulated competitive telecoms
market.
Whilst justice has clearly been served, the question will remain as
to how disadvantaged business and residential customers have become
by Telstra's actions.
The regulator needs to ensure that these types of practices no
longer happen and will never happen again."