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General

Altice to pay EUR 80 mln competition fine for SFR takeover

Tuesday 8 November 2016 | 11:30 CET | News
Altice has reached a settlement with the French Competition Authority, agreeing to accept a fine of EUR 80 million for 'gun-jumping' practices relating to the acquisition of SFR and Virgin Mobile in 2014. The announcement follows an inquiry investigating whether the companies involved had started cooperating on their commercial activities before being given the regulatory green light.

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Categories: General
Companies: Altice Europe / SFR / Virgin Mobile
Countries: France
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