The EU General Court issues its judgment upholding the Commission ’ s decision to fine a telecommunications company for gun-jumping (Altice / PT Portugal)

Concurrences Bulletin, Bill Batchelor, Frederic Depoortere, Giorgio Motta, Ingrid Vandenborre, Stéphane Dionnet and Geraldine de Vasconcelos Lopes, 1 October 2021, e-Competitions

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On September 22, 2021, the European General Court issued its judgment upholding the decision by the European Commission (Commission) to fine Altice for gun-jumping in the acquisition of Portugal Telecom (PT) in 2015. The General Court did grant Altice a limited 5% reduction of part of the €124.5 million fine imposed. [1]

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