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Case number:


Type of case:

Mergers and acquisitions

Undertaking(s) concerned:

Magyar Telekom Nyrt.
ViDaNeT Zrt.
Kaptár Zrt.

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.


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.


7 August 2009

English summary of the decision in PDF