On 15 September 2020 the Italian Competition Authority ("AGCM") fined three companies active in the production and distribution of energy for failure to notify a concentration before its closing, rejecting the parties' claim that the concentration was interdependent on a second transaction that had been notified on time. WHAT YOU NEED TO KNOW - KEY TAKEAWAYS The AGCM can impose fines of up to 1% of a company's consolidated turnover for failure to notify a concentration which meets the Italian thresholds. The assessment of whether two or more transactions constitute a single
Share on
|
|
The Italian Competition Authority fines three companies active in the energy sector for gun jumping (Acea / Mediterranea Energia / Alma)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
