Competition law, Concentrations, Merger control, Merger notification, Netherlands, Telecommunications, Uncategorized
Act against undesired control in the telecom sector in the Netherlands: new notification requirement and power to block transactions
Introduction On 19 May 2020, the Act against undesired control in the telecom sector (“Act“) was adopted by the Dutch Parliament. The Act introduces a notification requirement applicable to anyone who has the intention to acquire ‘a controlling interest’ in a ‘telecom party’ if such interest results in ‘relevant influence’ in the telecom sector. If…