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Clifford Chance

Clifford Chance
Briefings

Briefings

FCA Announces Landmark Gun-Jumping Decision

9 November 2016

The French Competition Authority ('FCA') has issued a landmark decision on gun-jumping in relation to the Numericable/SFR & OTL (Virgin Mobile) mergers: a record fine of EUR 80 million in the first case where early implementation of a concentration prior to merger clearance has been sanctioned in France.

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