Vodafone Ireland has reportedly launched legal action against communications authority ComReg regarding its clearance of Hutchison’s merger with rival O2.
According to reports, Vodafone claims ComReg should have prevented the deal as it hands half of all radio communications spectrum in Ireland to Hutchison. Vodafone says the deal left it company at a competitive disadvantage.
Hutchison’s nearly $1 billion takeover of O2 Ireland was cleared by the European Commission in May. While the deal boosted Hutchison’s position within Ireland – the company already owned 3 Ireland – it remained behind industry leader Vodafone.
And while both EU and Irish authorities approved of the deal, Vodafone now claims ComReg should have prevented the transaction from moving forward. Reports say the company will now bring judicial review proceedings against the communications regulator.
According to reports, Vodafone had been in discussions with ComReg since last May asking the regulator to exercise its regulatory powers and require Hutchison to divest assets.
Full content: Irish Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI