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EU Competition Commissioner raids mobile phone companies headquarters
 
         

The office of the EU Competition Commissioner raided the head quarters of five major mobile phone companies in the UK and Germany last week. The Commissioner is investigating the possibility of the mobile phone companies price fixing calls made and received by customers abroad as a result of roaming networks.

There is speculation as to whether the Commissioner will investigate companies based in other EU companies or not. Some argue that it would be useless as the companies will have had time to burn any evidence of a price-fixing deal. However, a spokesman for the office of the EU Competition Commissioner stated that no eventuality should be excluded.

For the consumer, the investigation may result in the reduction of the cost of receiving and making mobile phone calls abroad. For the companies, this could result in a fairly substantial drop in profits as roaming charges account for approximately 20% of mobile phone companies earnings.

Comment: This investigation can only be good news for mobile phone users who take their phone abroad and are unaware of the ridiculous cost of receiving calls, let alone making calls.

         
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