Mergers & Acquisitions Mergers & Acquisitions

Altice loses M&A 'gun-jumping' fines appeal at EU General Court

By Natalie McNelis
  • 22 Sep 2021 06:32
  • 22 Sep 2021 06:32
Altice has largely lost its bid to annul fines imposed by the European Commission for late notification and gun-jumping in its acquisition of Portugal Telecom, according to a judgment by the EU’s General Court today (see here). 
The first-tier EU court said that the steps Altice had taken — notably the

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Natalie McNelis

Senior Correspondent

Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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