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BT Group Wins Competition Tribunal Case, Upholding Conduct

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BT Group Wins Competition Tribunal Case, Upholding Conduct

An announcement from BT Group plc ( ($GB:BT.A) ) is now available.

The Competition Appeal Tribunal (CAT) has dismissed a class action lawsuit against BT Group plc, filed by Justin Le Patourel, concluding that BT Group did not violate competition laws. This ruling underscores BT Group’s commitment to its customers and strengthens its position within the telecommunications industry by alleviating potential legal and reputational risks.

More about BT Group plc

BT Group plc operates in the telecommunications industry, providing services such as broadband, mobile, and TV products. It focuses on delivering connectivity solutions across the UK and other regions, serving both individual consumers and businesses.

YTD Price Performance: 24.26%

Average Trading Volume: 18,321,018

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £14.4B

For an in-depth examination of BT.A stock, go to TipRanks’ Stock Analysis page.

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