Court defers Inwi's competition case against Maroc Telecom until 02 July

25 May 2018

Mergers, Acquisitions and Financial Results

A lawsuit brought by Moroccan telecoms company Inwi against the market leader Maroc Telecom was due to start on 21 May but has been postponed until 02 July to enable the lawyers to prepare their defence, Reuters reported. Inwi's lawyer, Abdellatif Ouahbi, said Inwi is suing Maroc Telecom for MAD 5 billion over non-compliance with regulatory provisions relating to fair competition.

The amount is close to the MAD 5.7 billion net income posted by Maroc Telecom in 2017. No-one from Maroc Telecom was immediately available for comment, said Reuters. Inwi, held by Wana Corporate, filed the lawsuit at Rabat’s commercial tribunal in March, alleging that Maroc Telecom broke competition law by holding more than 40 percent of the market.

Source: Telecompaper