DG Comp fines Altice €125 million for gun-jumping

Janith Aranze

24 April 2018

DG Comp fines Altice €125 million for gun-jumping

Credit: istock/SasinParaksa

The European Commission has fined Altice €125 million for prematurely acting on its acquisition of Portugal Telecom – the largest fine the commission has ever imposed for gun jumping, and one Altice has vowed to appeal.