On March 6, 2020, the Commission approved Telecom Italia and Vodafone’s acquisition of joint control over INWIT, which will combine the companies’ 22,000 telecommunication towers in Italy.[1] The approval was obtained during Phase I and is conditioned on third-party access to the infrastructure.
J Sainbury PLC and ASDA Group Limited vs. CMA
By Cleary Gottlieb on
On January 18, the CAT quashed the procedural timetable set by the CMA in the Phase 2 review of the Sainsbury’s/Asda merger. The CMA had given the parties a little over two weeks to respond to over 400 pages of working papers and scheduled the Main Party Hearings during the same period. The CAT found the deadlines were unreasonable and unfair given the volume and complexity of the papers, the CMA’s failure to engage in a longer pre-notification period despite the parties’ requests, and the overlap of the deadlines for the main hearing and response to the working papers. The CAT did not specify new deadlines, which were left to the CMA’s discretion, having regard to the overall statutory review period.
FCO Blocks Plain Bearings Production Joint Venture
By Cleary Gottlieb on
On January 17, 2019, the FCO prohibited the creation of a joint venture between Miba and Zollern in the market for the production of hydrodynamic plain bearings.
CMA vs Concordia International RX (UK)
By Cleary Gottlieb on
In October 2017, the CMA obtained a warrant to enter Concordia’s (now called Advanz Pharma) business premises and search for documents relating to suspected anticompetitive behaviour in the pharmaceutical sector. Concordia applied to have the warrant discharged because it had been cooperating with the CMA’s investigation, and so there was no basis for the CMA to suspect that it would tamper with evidence.
FCO Blocks Plain Bearings Production Joint Venture
By Cleary Gottlieb on
On January 17, 2019, the FCO prohibited the creation of a joint venture between Miba and Zollern in the market for the production of hydrodynamic plain bearings.[1] This particular type of bearings is needed for the production of large bore engines used, inter alia, in ships, locomotives and power generators.
Advocate General Kokott Issues an Opinion on the Scope of Application of the Private Damages Directive
By Cleary Gottlieb on
The Court of Justice Strengthens Rights of Defense of Companies in Commission v. UPS
By Cleary Gottlieb on
Background
In 2013, the European Commission (“the Commission”) prohibited the proposed acquisition of TNT by United Parcel Service (“UPS”) on the basis that the merger could lead to a significant impediment of effective competition for intra- EEA express small package delivery services and result in increased prices. UPS offered a package of remedies, including divestment of TNT’s subsidiaries in the 15 Member States where the Commission identified competition concerns.
The Council of State Upholds the Annulment of an ICA Decision Concerning a Tender for the Supply of Magnetic Resonance Devices to Healthcare Facilities
By Cleary Gottlieb on
On January 14, 2019, the Council of State confirmed the first-instance court judgment and thus annulled the ICA decision,[1]…
The Spanish Supreme Court Confirms the Annulment of a €120 Million Fine Imposed by the CNMC on Telefonica, Vodafone and Orange for Abuse of Dominance in the Wholesale Markts for Termination of SMS and MMS
By Cleary Gottlieb on
In three judgments delivered in December 2018 and January 2019, the Spanish Supreme Court confirmed the annulment of fines amounting to a total of €120 million imposed on the three main telecoms operators in Spain (i.e., Telefónica, Vodafone and Orange) for abuse of dominance in the wholesale markets for the termination of text messages (“SMS”) and multimedia messages (“MMS”).[1]
Vivendi/Editis
By Cleary Gottlieb on
On January 2, 2019, the FCA authorized the acquisition by the Vivendi Group of the Editis Group, which owns 13 literary publishing houses operating the brands Fleuve, Julliard, Le Cherche Midi, Plon, Robert Laffont, Bordas and Nathan, among others.[1]