The scope of the Standstill Obligation in the EU Merger Control Regulation

The scope of the Standstill Obligation in the EU Merger Control Regulation

February 2019 CPI Europe Column edited by Anna Tzanaki (Competition Policy International) & Juan Delgado (Global Economics Group) presents: The scope of the Standstill Obligation in the EU Merger Control Regulation By Bo Vesterdorf, Gitte Holtsø, & Anne-Marie Rosman Nielsen (Plesner Law Firm)1 Click here for a PDF version of the article   In a ruling of May 31 […]

US: Dolan family is suing Altice following merger layoffs

US: Dolan family is suing Altice following merger layoffs

The Dolan family—the family of Cablevision’s founder—is taking Altice to court over what it alleges is a violation of their merger agreement. Cablevision’s founder and his family are suing the company that bought the cable operator in 2016, accusing it of violating a no-mass-layoff clause for TV news stations serving the New York metro area, […]

US: Altice and Dish want intervention on T-Mobile-Sprint deal

US: Altice and Dish want intervention on T-Mobile-Sprint deal

US cable TV provider Altice USA called for regulators to intervene in the proposed merger between T-Mobile US Inc and Sprint Corp, in a filing published on Tuesday, August 28. The US$26 billion deal between the two US wireless carriers, which would shrink the wireless market to three big players from four, faces a review […]

EU: Commission fines Altice US$153m for closing PT Portugal deal early

EU: Commission fines Altice US$153m for closing PT Portugal deal early

The European Commission said on Tuesday, April 24, it had fined French telecoms group Altice €125 million (US$153 million) for closing its 2015 takeover of PT Portugal before it had gained regulatory approval. The European antitrust enforcer said such gun jumping practices undermine its system for scrutinizing mergers. The sanction does not affect its approval of […]

EU: EC to fine Altice for gun jumping

EU: EC to fine Altice for gun jumping

According to a report by Reuters, the EU’s antitrust regulator is s set to hit French telecoms and cable group Altice with a hefty fine for concluding its 2015 acquisition of PT Portugal without first waiting for official approval. The European Commission, which accused Altice of the violation in May last year, can impose fines […]

US: Sprint, Altice set wireless partnership, after failed T-Mobile deal

US: Sprint, Altice set wireless partnership, after failed T-Mobile deal

Sprint and cable giant Altice USA have set a deal that will allow Altice to provide wireless phone and data services to customers nationwide. The MVNO (mobile virtual network operator) agreement comes a day after Sprint and fellow telecommunications company T-Mobile called off merger talks. The maturation of the wireless services market is putting pressure […]

Portugal: Regulator rejects Altice’s bid for media company

Portugal: Regulator rejects Altice’s bid for media company

Portugal’s telecom regulator has blocked an attempt by international operator Altice to buy control of local company Media Capital, saying it could create “significant obstacles” to competition. The National Communications Authority, known as Anacom, said in a statement on its website Tuesday, September 19, the deal needs to be reconfigured. Netherlands-based Altice N.V., through its […]

EU: Altice accused of breaking rules in Portugal telecoms merger

EU: Altice accused of breaking rules in Portugal telecoms merger

The European Union’s antitrust regulator on Thursday formally accused Dutch telecommunications company Altice NV of implementing its merger announced in 2014 with PT Portugal SGPS SA before formally logging the deal for review with EU authorities. The EU cleared the deal in April 2015 but said it now suspects the companies began implementing the merger […]