logo
Plus   Neg
Share
Email

1&1 Drillisch Files Request For Arbitration Against Telefonica On Price Review

1&1 Drillisch AG said Thursday that its subsidiary, Drillisch Online GmbH, is filing a request for arbitration against Telefonica today, in order to reach a replacement of the expert opinion in Price Review 1, the first price adjustment procedure initiated by Drillisch.

1&1 Drillisch AG has had the arbitration report reviewed in detail by a renowned auditing company.

The expert opinion contains serious methodological flaws and discrepancies as regards the content and must be replaced by a proper assessment of the need for a price adjustment.

In addition to the arbitration proceeding regarding Price Review 1, the Price Reviews 2 and 5 are ongoing, covering the entire period from September 2017.

As a result of the new Price Review 5, Drillisch was able to withdraw the Price Reviews 3 and 4.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
RELATED NEWS
Follow RTT