The French Minister of economics clears a telecom merger without remedies after investigating possible coordinated effects and elimination of a maverick (Iliad / Liberty Surf)

Introduction On 23 October 2008 the French Minister of Economy (MoE) cleared the acquisition of Liberty Surf by Iliad without any conditions. Both Iliad and Liberty Surf (hereafter "Surf") are active in the Telecom sector, providing internet and landline telephone access in France. Surf is also active as a wholesale supplier of telecom services. The market for internet access was subject to an in depth analysis to assess whether the envisaged transaction would increase the risk of joint dominance or would eliminate a particularly aggressive competitor (i.e. a Maverick). The MoE found that joint dominance is unlikely, and concluded that the transaction was prone to increase the strength of the Maverick Illiad rather than eliminate a strong competitive force. Moreover, in all affected

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Tania Van den Brande, The French Minister of economics clears a telecom merger without remedies after investigating possible coordinated effects and elimination of a maverick (Iliad / Liberty Surf), 22 August 2008, e-Competitions Bulletin Collective dominance, Art. N° 23603

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