BT 'infringed pricing law'
BT was accused of infringing competition law yesterday after a watchdog said the firm squeezed rivals through its wholesale pricing of phone calls.
Ofcom said it believed BT may have engaged in a "margin squeeze" in 2008 and 2009 by setting the prices charged to other providers for its wholesale calls product at a level that would not have allowed rivals to cover their costs.
Its statement follows a two-year investigation after BT's rivals Thus, now part of Cable & Wireless Worldwide, and Gamma Telecom complained to Ofcom that BT was undercutting the market.