On Wednesday, the UK antitrust regulator announced limitations on the amount that Motorola Solutions can charge for the use of its radio network, Airwave, by emergency services.
The walkie-talkie manufacturer based in the United States expressed its disagreement with the decision made by the regulator and plans to appeal it.
“We are generally reluctant to impose price controls, but the particular circumstances of this case mean that a price cap is the only effective way of ensuring the emergency services, and the taxpayers who fund them, aren’t paying considerably over the odds,” said Martin Coleman at the Competition and Markets Authority (CMA).
Related: UK’s Antitrust Watchdog Probes Motorola Mobile Radio
The CMA announced that the price cap will restrict Motorola’s charges to a level that would be typical in a competitive market, ending the estimated annual overcharging of 200 million pounds ($249.8 million).
“We believe this unprecedented overreach will have a chilling effect on long-term investment and contracting with the UK government,” Motorola Solutions said.
Featured News
DOJ and FTC Introduce Website for Reporting Anti-Competitive Healthcare Practices
Apr 18, 2024 by
CPI
US Congress Advances Legislation to Compel TikTok Sale
Apr 18, 2024 by
CPI
UK Financial Sector Advocates Enhanced Regulatory Accountability
Apr 18, 2024 by
CPI
Google and All 50 States Defend $700 Million Consumer Settlement
Apr 18, 2024 by
CPI
Colorado Enacts First Law to Protect Consumer Brainwave Data
Apr 18, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI