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Results: 1-7 of 7

EU political update 4 - 8 March 2013

  • Clifford Chance LLP
  • -
  • China, European Union, Germany, Global, Peru, Portugal
  • -
  • March 4 2013

On 27 February, the European Commission decided under the EU Merger Regulation to prohibit the third attempt of low-cost airline Ryanair to acquire

Iberia’s largest telephone companies receive statement of objections as antitrust investigation continues

  • Nabarro LLP
  • -
  • European Union, Portugal, Spain
  • -
  • November 10 2011

The Commission has sent a statement of objections to Telefónica SA and Portugal Telecom regarding an alleged market sharing agreement

Commission announces statement of objections sent to Telefónica and Portugal Telecom

  • Mayer Brown LLP
  • -
  • European Union, Portugal, Spain
  • -
  • November 7 2011

On 25 October 2011, the European Commission (“Commission”) announced that it had sent a statement of objections to Telefónica and Portugal Telecom regarding a non-compete agreement between the two companies in relation to the Iberian telecommunications market

Investigation opened into Telefónica and Portugal Telecom agreement

  • Nabarro LLP
  • -
  • European Union, Portugal, Spain
  • -
  • February 3 2011

On 24 January 2011, the Commission opened an investigation into whether Telefónica (Spain) and Portugal Telecom had entered into an agreement not to compete on the Iberian telecoms market between September 2010 and December 2011

Commission investigates co-operation between Telefónica and Portugal Telecom

  • Mayer Brown LLP
  • -
  • European Union, Portugal, Spain
  • -
  • January 25 2011

On 24 January, the Commission opened a formal investigation to ascertain whether the Spanish and Portuguese telecoms incumbents Telefónica and Portugal Telecom have breached EU rules by agreeing not to compete with each other in their respective home markets

EU court proclaims Portugal Telecom golden share to be illegal

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • European Union, Portugal
  • -
  • July 9 2010

One week after the Portuguese government exercised its "golden share" rights to block Telefonica's US$9 billion bid for Portugal Telecom's (PT's) indirect stake in Brazilian wireless carrier Vivo, the European Court of Justice (ECJ) has ruled Portugal's golden share to be illegal

Portugal telecom turns down improved Sonae offer

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • European Union, Portugal
  • -
  • February 23 2007

Citing strong yearly earnings and better than estimated synergies in the company’s wireless telephony business, Portugal Telecom (PT) on Tuesday rejected as inadequate an improved offer of 10.50 (U.S. $13.50) per share submitted by the telecommunications subsidiary of the Portuguese conglomerate Sonae

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