MODEST FINE?

"We already have a discount following the launch of the NMA investigation," ING analyst Jeffrey Vonk said."OPTA will be looking at all the actions. That process will take a lot of time. The fine could be very modest," Vonk added, referring to an earlier instance when OPTA fined KPN.OPTA's statement on Wednesday also cited the previous instance, dating from 2005, when it fined KPN 17 million euros over its use of "improper" discounts in the commercial market for fixed telephony and leased lines.Earlier this month, the competition authority NMA raided the offices of mobile operators KPN, Vodafone, and Deutsche Telekom's T-mobile as part of a price-fixing investigation.NMA said at the time that it was investigating whether mobile telecoms operators in the Netherlands engaged in cartel practices including price fixing and the sharing of market information. UGG Classic CardyThe competition authority did not name any of the companies under investigation, but KPN, Vodafone, and T-Mobile each issued separate statements saying that NMA officials had been to their offices and that they were all fully cooperating with the authority's cartel probe.KPN said at the time that its headquarters in The Hague were raided and that five employees were being questioned by the competition authority.It said the competition authority was specifically investigating collaborative practices for consumer mobile telecommunications packages as well as KPN's sales channels.