The French Competition Authority sanctions companies for implementing a transaction which has been notified to the FCA but has not yet received a clearance decision in the telecommunications industry (Alice & SFR / OTL)

KEYWORDS
Reference

French Competition Authority, Alice & SFR / OTL, Decision n° 16-D- 24, 8 November 2016 (French)

FRENCH COMPETITION AUTHORITY IMPOSES ITS FIRST EVER FINE FOR GUN-JUMPING* For the first time ever, on 8 November 2016 the French Competition Authority (FCA) sanctioned companies for implementing a transaction that had been notified to the FCA but not yet received a clearance decision, behaviour commonly known as “gun-jumping”. The FCA has imposed a hefty fine of €80 million on Altice Luxembourg and SFR Group jointly and severally for implementing two proposed acquisitions in the telecommunications industry before obtaining the FCA’s clearance. The FCA has previously imposed fines on companies for failing to notify a concentration,

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteurs

  • United Kingdom’s Competition Authority - CMA (London)
    Royaume-Uni 17 contributions 5892 visites
  • Franklin (Paris)
    France 28 contributions 19006 visites

Citation

Louise Aberg, Lionel Lesur, The French Competition Authority sanctions companies for implementing a transaction which has been notified to the FCA but has not yet received a clearance decision in the telecommunications industry (Alice & SFR / OTL), 8 novembre 2016, e-Competitions November 2016, Art. N° 92761

Visites 77

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues