CASE COMMENTS: MERGERS – EUROPEAN UNION – “GUN JUMPING” – FINES

Gun jumping: The European Commission imposes a fine of EUR 125,5 million to a multinational cable and telecommunications company based in the Netherlands for implementing its acquisition of the Portuguese telecommunications operator before notification or approval by the European Commission (Altice / PT Portugal)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On April 24, 2018, the European Commission announced that it had imposed a fine of €124.5 million on the Dutch group Altice for having acquired the Portuguese telecommunications and multimedia operator PT Portugal prior to the notification of this concentration and its clearance by the European Commission ("gun jumping"). This is the highest fine ever imposed by the Commission for this type of infringement. The Altice Group is an international telecommunications group based in the Netherlands. It is active in several countries, including Portugal where, through its subsidiaries Cabovisão and ONI, it provides pay television, fixed Internet access and fixed

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Jean-François Bellis, Valérie Lefever, Gun jumping: The European Commission imposes a fine of EUR 125,5 million to a multinational cable and telecommunications company based in the Netherlands for implementing its acquisition of the Portuguese telecommunications operator before notification or approval by the European Commission (Altice / PT Portugal), 24 April 2018, Concurrences N° 3-2018, Art. N° 87789, pp. 137-138

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