CASE COMMENTS : MERGERS - CONCEPT OF CONCENTRATION - JURISDICTION OF THE COMMISSION - DISPOSAL OF ALL THE SHARES ACQUIRED, SO AS TO RESTORE THE SITUATION PREVAILING BEFORE THE IMPLEMENTATION OF THE CONCENTRATION

Concept of concentration - EU Commission’s jurisdiction: The General Court rules that the Commission has no jurisdiction to order the divestment of all the shares acquired by a public bid which has been interrupted before being implemented (Aer Lingus)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Trib. EU, 6 July 2010, Aer Lingus Group v. Commission, Case T-411/07 There's passion, there's passion in this Irish story. Three days after the Irish Stock Exchange floated the Irish national airline Aer Lingus on the Dublin Stock Exchange, its major low-cost competitor Ryanair launched a hostile takeover bid for its entire capital. So that is the rather violent and ambitious welcome given by Ryanair to Aer Lingus on the Dublin stock exchange. So ambitious, moreover, that, after an in-depth examination, the European Commission made it its twentieth prohibition decision since the introduction of Community merger control in 1991 (Com. Dec., 27 June 2007,

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.

 

PDF Version

Authors

Quotation

Jean-Mathieu Cot, Alice Blanchet, Concept of concentration - EU Commission’s jurisdiction: The General Court rules that the Commission has no jurisdiction to order the divestment of all the shares acquired by a public bid which has been interrupted before being implemented (Aer Lingus), 6 July 2010, Concurrences N° 4-2010, Art. N° 32935, pp. 162-164

Visites 1618

All reviews