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CAIRO - Saudi Arabia's general authority for competition (GAC) on Monday fined Saudi Telecom Company (STC) 10 million Saudi riyals ($2.67 million), state TV said.
The authority said the fine was a result of the company "abusing its dominant position", state TV reported.
($1 = 3.7515 riyals)
(Reporting by Nayera Abdallah; editing by David Evans) ((Nayera.Abdallah@thomsonreuters.com;))