Estonian Competition Board and Elion, fixed-line subsidiary of Estonian Telecom have reached a settlement over the minute rates charged by Elion.
The 10-day deadline for an appeal set forth in the court ruling expired yesterday. On 15 January the Competition Board and Elion filed an application with Tallinn Administrative Court to approve their Agreement on ending the lawsuit litigated by all instances of court because over the years the case has ceased to be an issue.
In the Agreement Elion concedes that the unified intranetwork minute rates introduced on 1 April 2001 would have been too high at that time if speech packages and volume discount had not been introduced.
In its turn the Competition Board acknowledges that Elion has been complying with the requirements of the precept by introducing price packages and volume discount, thus reducing the average minute rates below the price level established on 1 April 2001.
Under the Agreement Elion is to indemnify the Competition Board in the amount of EEK 440 000 (EUR 28 121) that covers partly the expenses incurred.