WELCOME TO CHARLES RUSSELL SPEECHLYS.
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The European Commission has decided not to refer the planned acquisition of Jazztel by Orange to the Spanish competition authority for assessment under Spanish competition law. The Commission concluded that it was better placed to deal with the case with a view to ensuring consistency in the application of the merger control rules in the fixed and mobile telecommunications sectors across the European Economic Area. The proposed transaction would reduce the number of nationwide providers of fixed telecommunications services in Spain from four to three. Click here.
The CMA has referred Sonoco Products Company’s completed acquisition of Weidenhammer Packaging Group GmbH for an in-depth Phase 2 investigation. Sonoco offered undertakings in lieu of a reference, but the CMA was not confident that these would resolve its concerns in a clear-cut manner. Click here.
For more information, please contact Paul Stone.