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Case number: |
Vj-2008/0158 |
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Type of case: |
Mergers and acquisitions |
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Undertaking(s) concerned: |
Magyar Telekom Nyrt.
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Short description: |
The Hungarian Competition Authority (Gazdasági Versenyhivatal, hereinafter: GVH) did not authorize Magyar Telekom Nyrt. (hereinafter: MT) to acquire control over ViDaNeT Zrt. claiming that as a consequence of the concentration one group of undertakings would control fixed line telephone and cable television networks - pledges of effective infrastructure-based competition - on the relevant geographic market. |
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Decision: |
The GVH has blocked the acquisition despite of MT trying to outweigh the competition concerns arising from the merger by offering commitments prior to the decision-making. |
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Date: |
7 August 2009 |
2009. Nov. 03.