Mergers & Acquisitions Mergers & Acquisitions

Altice fine went beyond the 'scope' of gun-jumping rules, EU court told

By Andrew Boyce
  • 24 Sep 2020 11:32
  • 24 Sep 2020 11:32
Altice today urged EU judges to annul a fine for jumping the gun on its buyout of PT Portugal, saying investigators had wrongly imposed the sanction for merely holding the “possibility to exercise decisive influence” over its target before antitrust approval.

EU officials also erred in finding that provisions in Altice’s deal contract

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