CASE COMMENTS: MERGERS – EUROPEAN UNION – EUROPEAN COMMISSION – EXCLUSIVE CONTROL – JOINT VENTURE – TAKEOVER OF BINDING COMMITMENTS

Exclusive control: The European Commission authorises a multi-national conglomerate operating in the telecommunications sector to takeover the exclusive control of a joint venture it previously had joint control on, subject to assume full responsibility for complying with the commitments submitted when the European Commission authorised the creation of the joint venture (Hutchison / Wind Tre)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 31 August 2018, the European Commission authorised Hutchison to acquire sole control of Wind Tre, previously jointly controlled by Hutchison and VEON, on condition that Hutchison would resume compliance with the commitments that were a condition for the authorisation of the joint venture in 2016. Hutchison is a multinational conglomerate based in Hong Kong and active in particular in the

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Jean-François Bellis, Valérie Lefever, Exclusive control: The European Commission authorises a multi-national conglomerate operating in the telecommunications sector to takeover the exclusive control of a joint venture it previously had joint control on, subject to assume full responsibility for complying with the commitments submitted when the European Commission authorised the creation of the joint venture (Hutchison / Wind Tre), 31 August 2018, Concurrences N° 1-2019, Art. N° 89012, p. 121

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