EU Commission decision in Altice/PT Portugal provides important guidance on "gun-jumping"
01 August 2018
The EU Commission has just published its decision in relation to telecommunications company Altice, which was earlier this year fined a record amount of EUR 124.5 million for violating the prohibition against pre-implementation of mergers. The decision contributes an important understanding of and guidance on how parties to a merger process are to act in the opinion of the EU Commission before the competition authorities have made a decision as to approval of the merger.
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