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By Foo Yun Chee
<\/strong>
LUXEMBOURG: A ruling by Europe's second-highest court that annulled an antitrust veto<\/a> of CK Hutchison Holdings Ltd<\/a>'s bid for O2 UK<\/a> should be dismissed and the case should be re-heard again, an adviser to Europe's top court said.

Hutchison, owned by billionaire Li Ka-shing, in 2020 successfully challenged the European Commission's veto of its planned 10.3 billion pound ($11.5 billion) purchase of O2 UK from Spain's Telefonica<\/a> at the General Court. The European Commission appealed.

The case is being closely watched by telecoms companies, which have long urged the EU competition enforcer to ease merger rules for the sector, especially for deals which reduce the number of players from four to three.

Advocate-General Juliane Kokott at the Court of the Justice of the European Union (CJEU) said in a non-binding recommendation on Thursday the lower tribunal's ruling should be dismissed.

She recommended that \"the General Court's judgment be set aside and that the case be referred back to the General Court for it to provide a fresh ruling on the dispute\".

In 2020, the Court ruled that the EU watchdog had failed to prove that the merged company would harm competition or raise prices. Judges raised the bar for the Commission to block mergers that hinder competition, a ruling that regulators said imposes an extremely high burden of proof on them.

But on Thursday, Kolkott said: \"There is no justification for requiring a higher standard of proof in the case of concentrations giving rise to non-coordinated effects on oligopolistic markets than in the case of concentrations giving rise to 'conglomerate' or 'collective' type dominant positions.\"

Judges, which usually follow most of such non-binding opinions, will decide on whether to dismiss the General Court ruling in the coming months.

The case is C-376\/20 P Commission v CK Telecoms UK Investments.
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取消欧盟否决和记英国申办O2应该被解雇,法院顾问说

和记黄埔,由亿万富翁李嘉诚(Li ka - shing)在2020年成功地挑战了欧洲委员会否决其计划的103亿英镑(合115亿美元)收购英国O2从西班牙电信在普通法院。欧盟委员会(European Commission)提起上诉。

  • 更新2022年10月20日下午03:17坚持

由Foo Yun Chee
卢森堡:欧洲第二高等法院的裁决,即取消一个反垄断否决的CK和记黄埔控股有限公司的投标O2英国应该被解雇,应该再次re-heard,欧洲最高法院的一名顾问说。

和记黄埔,由亿万富翁李嘉诚(Li ka - shing)在2020年成功地挑战了欧洲委员会否决其计划的103亿英镑(合115亿美元)收购英国O2来自西班牙西班牙电话公司在普通法院。欧盟委员会(European Commission)提起上诉。

电信公司正在密切关注,一直敦促欧盟竞争执行者为了缓解部门的合并规则,特别是对于交易减少玩家的数量从4 - 3。

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正义的法律总顾问朱莉安娜在法院做Kokott欧盟(CJEU)周四在一次不具约束力的建议表示下级法庭的裁决应当驳回。

她建议,“普通法院的判决被搁置一边,此案被称为回一般法院为它提供一个新的裁决争端”。

2020年,法院裁定,欧盟监管机构未能证明合并后的公司将损害竞争或提高价格。法官委员会阻止并购,提高了酒吧阻碍竞争,监管机构裁定说强加了一个极高的举证责任。

但是在周四,Kolkott表示:“没有理由要求较高的证明标准的浓度导致non-coordinated对寡头垄断市场的影响比浓度引起的“集团”或“集体”类型占主导地位的立场。”

法官通常遵循大多数这样的不具约束力的意见,将决定是否把普通法院的裁决在未来几个月。

此案是C-376/20 P v CK英国电信投资委员会。
  • 发布于2022年10月20日下午03:09坚持

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  • 取消欧盟否决和记英国申办O2应该被解雇,法院顾问说
\"\"
<\/span><\/figcaption><\/figure>
By Foo Yun Chee
<\/strong>
LUXEMBOURG: A ruling by Europe's second-highest court that annulled an antitrust veto<\/a> of CK Hutchison Holdings Ltd<\/a>'s bid for O2 UK<\/a> should be dismissed and the case should be re-heard again, an adviser to Europe's top court said.

Hutchison, owned by billionaire Li Ka-shing, in 2020 successfully challenged the European Commission's veto of its planned 10.3 billion pound ($11.5 billion) purchase of O2 UK from Spain's Telefonica<\/a> at the General Court. The European Commission appealed.

The case is being closely watched by telecoms companies, which have long urged the EU competition enforcer to ease merger rules for the sector, especially for deals which reduce the number of players from four to three.

Advocate-General Juliane Kokott at the Court of the Justice of the European Union (CJEU) said in a non-binding recommendation on Thursday the lower tribunal's ruling should be dismissed.

She recommended that \"the General Court's judgment be set aside and that the case be referred back to the General Court for it to provide a fresh ruling on the dispute\".

In 2020, the Court ruled that the EU watchdog had failed to prove that the merged company would harm competition or raise prices. Judges raised the bar for the Commission to block mergers that hinder competition, a ruling that regulators said imposes an extremely high burden of proof on them.

But on Thursday, Kolkott said: \"There is no justification for requiring a higher standard of proof in the case of concentrations giving rise to non-coordinated effects on oligopolistic markets than in the case of concentrations giving rise to 'conglomerate' or 'collective' type dominant positions.\"

Judges, which usually follow most of such non-binding opinions, will decide on whether to dismiss the General Court ruling in the coming months.

The case is C-376\/20 P Commission v CK Telecoms UK Investments.
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