The Italian Competition and Markets Authority announced in a press release on July 17, that French telecomms service provider, Iliad, is clear to begin operations in Italy through a local subsidiary that bought assets divested by Wind TreS.p.A. The new competitor will be the fourth provider in the market and will fill the void left by the merger of Wind and Tres.
The Authority has ruled that the purchase of assets by Iliad is technically a merger, but that because the expected yearly revenue generated by the combined assets is less than €1 million (US$1.16 million) it does not meet requirements for a prior notification.
The company’s national debut is expected by the end of the year, although official dates are still unreleased.
Full Content: Mondo3
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Canadian Breadmakers Settle Price-Fixing Lawsuit
Jul 25, 2024 by
CPI
EssilorLuxottica Open to Meta as Shareholder, Says CEO Francesco Milleri
Jul 25, 2024 by
CPI
California Supreme Court Upholds Proposition 22, Securing Independent Contractor Status for Uber and Lyft Drivers
Jul 25, 2024 by
CPI
Paramount Global Investor Sues to Block Skydance Media Merger
Jul 25, 2024 by
CPI
Software Vendors Win Class Action Status in Antitrust Case Against CDK Global
Jul 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – International Trade & Antitrust
Jul 26, 2024 by
CPI
What is Wrong with the WTO Discipline on Subsidies?
Jul 26, 2024 by
CPI
The Abiding Tension Between Trade Remedy Law and Antitrust
Jul 26, 2024 by
CPI
Trade and Antitrust: An End to Isolationism
Jul 26, 2024 by
CPI
International Trade Law and Domestic Regulation of Generative Artificial Intelligence: Divergent Approaches?
Jul 26, 2024 by
CPI