In The News
ECJ issues judgment on discriminatory pricing and abuse of dominance
The ECJ has issued a judgment on discriminatory pricing and abuse of dominance. The ECJ ruled that, where a dominant undertaking applies discriminatory prices to trade partners on the downstream market, the abuse of dominance prohibition covers a situation in which that behaviour is capable of distorting competition between those trade partners, a finding which does not require proof of actual quantifiable deterioration in the competitive situation, but which must be based on an analysis of all the relevant circumstances of the case. Click here.
UK government minded to intervene on public interest grounds in Trinity Mirror/Northern & Shell merger
The Secretary of State for Digital, Culture, Media and Sport has issued a statement, indicating that he is minded to issue a Public Interest Intervention Notice in relation to the merger between Trinity Mirror Plc and Northern & Shell's publishing assets. Click here.
European Commission fines Altice €125 million for controlling PT Portugal before obtaining merger approval
The European Commission has imposed a €124.5 million fine on Altice, the multinational cable and telecommunications company based in the Netherlands, for implementing its acquisition of the Portuguese telecommunications operator PT Portugal before notification or approval by the Commission. Click here.
- The European Commission has opened an in-depth Phase 2 merger investigation to assess the proposed acquisition of Shazam by Apple. The Commission is concerned that the merger could reduce choice for users of music streaming services. Click here.
- The CMA has cleared the Co-op’s purchase of Nisa following an initial phase 1 merger investigation. Click here.