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6 Contingent liabilities and contingent assets

Regulatory and antitrust proceedings

In April 2013, the Competition Commission opened an investigation under the Federal Cartel Act against Swisscom concerning the broadcasting of live sport on pay TV. In July 2015, the Secretariat of the Competition Commission submitted its draft decree to Swisscom. The request to the Competition Commission proposes sanctions in the amount of CHF 143 million against Swisscom due to alleged prohibited marketing of sports content via pay TV. As things stand, Swisscom does not believe it is likely that a court of final appeal will levy sanctions and has therefore still not recognised a provision in its consolidated financial statements as at 31 March 2016.

With regard to the other contingent liabilities which were reported in the 2015 consolidated financial statements in connection with regulatory and antitrust proceedings, Swisscom is of the opinion that an outflow of resources is unlikely and, as before, has therefore not recognised any provision for this in the consolidated financial statements as at 31 March 2016.

Contingent assets from legal proceedings

With regard to the contingent assets for legal proceedings which were reported in the 2015 consolidated financial statements, Swisscom remains of the opinion that no receivables will be recognised in the consolidated financial statements as at 31 March 2016.