{"id":4204,"date":"2020-10-30T14:45:52","date_gmt":"2020-10-30T13:45:52","guid":{"rendered":"https:\/\/core-attorneys.com\/?p=4204"},"modified":"2020-10-31T08:51:45","modified_gmt":"2020-10-31T07:51:45","slug":"weko-genehmigt-die-uebernahme-von-sunrise-durch-liberty-global","status":"publish","type":"post","link":"https:\/\/core-attorneys.com\/en\/news-insights\/weko-genehmigt-die-uebernahme-von-sunrise-durch-liberty-global\/","title":{"rendered":"COMCO approves acquisition of Sunrise by Liberty Global"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4204\" class=\"elementor elementor-4204\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-5e192929 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"9332\" data-id=\"5e192929\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-328c9e8\" data-eae-slider=\"60515\" data-id=\"328c9e8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1457845 elementor-widget elementor-widget-image\" data-id=\"1457845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"825\" height=\"495\" src=\"https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2020\/10\/20201030-COMCO-clears-the-acquisition-of-Sunrise-by-Liberty-Global.jpg\" class=\"attachment-full size-full wp-image-4210\" alt=\"\" srcset=\"https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2020\/10\/20201030-COMCO-clears-the-acquisition-of-Sunrise-by-Liberty-Global.jpg 825w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2020\/10\/20201030-COMCO-clears-the-acquisition-of-Sunrise-by-Liberty-Global-300x180.jpg 300w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2020\/10\/20201030-COMCO-clears-the-acquisition-of-Sunrise-by-Liberty-Global-768x461.jpg 768w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2020\/10\/20201030-COMCO-clears-the-acquisition-of-Sunrise-by-Liberty-Global-16x10.jpg 16w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a76e28a\" data-eae-slider=\"27866\" data-id=\"a76e28a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-99081b4 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"99081b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">COMCO approves acquisition of Sunrise by Liberty Global<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f29e2b elementor-widget elementor-widget-post-info\" data-id=\"5f29e2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-685ec73 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-tags\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<span class=\"elementor-post-info__terms-list-item\">Competition<\/span>, <span class=\"elementor-post-info__terms-list-item\">News<\/span>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d50ae70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>30.10.2020<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-ec6c601 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-custom\">\n\t\t\t\t\t\t\t\t\t\tMario Strebel, Fabian Koch\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d17332b elementor-widget elementor-widget-text-editor\" data-id=\"4d17332b\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-4d17332b{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6fdab6 elementor-widget elementor-widget-text-editor\" data-id=\"e6fdab6\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-e6fdab6{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bcb7c3 elementor-widget elementor-widget-text-editor\" data-id=\"0bcb7c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Following a one month Phase I examination, COMCO unconditionally approved the planned acquisition of Sunrise Communications Group Ltd. by Liberty Global for an enterprise on 30 October 2020. From a competition law perspective, the planned acquisition can now be implemented.<\/strong><\/p><p>The planned acquisition for an enterprise value of CHF\u00a06.8 billion will create the second largest telecommunications company in Switzerland. Like the incumbent operator Swisscom, the merged entity will have its own mobile and fixed network infrastructure. Absent the threat of the elimination of effective competition in any affected market, in particular by a collective dominance between the merged entity and Swisscom, the Swiss Competition Commission (<a href=\"https:\/\/www.weko.admin.ch\/weko\/en\/home.html\">COMCO<\/a>) cleared the acquisition without any remedies.<\/p><p>One year ago, Sunrise planned to take over the Swiss Liberty Global subsidiary UPC. The COMCO examined this transaction in depth and, following a Phase II examination, approved it without any remedies. Subsequently, however, the majority of the shareholders rejected the acquisition. For the reverse transaction, the COMCO again examined the market conditions, which according to its assessment remained largely unchanged.<\/p><p>CORE Attorneys advised Sunrise in this transaction with regard to certain merger control and telecoms regulation aspects. The team included <a href=\"https:\/\/core-attorneys.com\/en\/core-team\/mario-strebel\/\">Mario Strebel<\/a> (Partner) and <a href=\"https:\/\/core-attorneys.com\/en\/core-team\/fabian-koch\/\">Fabian Koch<\/a> (Partner) that already successfully supported Sunrise in last year\u2019s merger control proceeding concerning the reverse transaction. CORE Attorneys congratulate all parties involved and wish the merged entity a successful start.<\/p><p>Further Information:<\/p><ul><li><a href=\"https:\/\/www.newsd.admin.ch\/newsd\/message\/attachments\/63546.pdf\">https:\/\/www.newsd.admin.ch\/newsd\/message\/attachments\/63546.pdf<\/a> \u2013 <em>Press Release COMCO<\/em> <em>(in German only)<\/em><\/li><li><a href=\"https:\/\/www.newsd.admin.ch\/newsd\/message\/attachments\/63549.pdf\">https:\/\/www.newsd.admin.ch\/newsd\/message\/attachments\/63549.pdf<\/a> \u2013 <em>Press Raw Material COMCO (in German only)<\/em><\/li><li><a href=\"https:\/\/www.sunrise.ch\/de\/corporate-communications\/medien\/medienmitteilungen-old.html\">https:\/\/www.sunrise.ch\/de\/corporate-communications\/medien\/medienmitteilungen-old.html<\/a> \u2013 <em>Press Release Sunrise <\/em><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0b3fb0 elementor-widget elementor-widget-text-editor\" data-id=\"c0b3fb0\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>CORE Attorneys is a boutique law firm in Switzerland, focusing on <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/wettbewerbsrecht\/\">competition\/antitrust law<\/a>, <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/regulierung\/\">regulatory<\/a> and <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/vertriebsrecht\/\">distribution law<\/a> matters. Visit our <a href=\"https:\/\/core-attorneys.com\/en\/news-insights\/\">News &amp; Insights<\/a> and follow us on <a href=\"https:\/\/www.linkedin.com\/company\/core-attorneys\">LinkedIn<\/a> for regular updates on all our focus areas.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Nach Durchf\u00fchrung einer einmonatigen Phase\u00a0I-Pr\u00fcfung genehmigte die WEKO am 30.\u00a0Oktober 2020 die geplante \u00dcbernahme der Sunrise Communications Group AG durch Liberty Global ohne Auflagen und Bedingungen. Aus wettbewerbsrechtlicher Sicht steht damit der geplanten \u00dcbernahme nichts mehr im Wege. Mit der&#8230;<\/p>","protected":false},"author":1,"featured_media":4210,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"WEKO genehmigt die \u00dcbernahme von Sunrise durch Liberty Global","_seopress_titles_desc":"Wettbewerbskommission genehmigt die \u00dcbernahme von Sunrise durch Liberty Global","_seopress_robots_index":"","footnotes":""},"categories":[10,9],"tags":[105,56,148,147,146,23,39,114,44],"class_list":["post-4204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-competition","category-neuigkeiten","tag-kartellgesetz","tag-kartellrecht","tag-salt","tag-sunrise","tag-swisscom","tag-telekommunikation","tag-weko","tag-weko-sekretariat","tag-zusammenschlusskontrolle"],"_links":{"self":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/4204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/comments?post=4204"}],"version-history":[{"count":11,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/4204\/revisions"}],"predecessor-version":[{"id":4217,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/4204\/revisions\/4217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/media\/4210"}],"wp:attachment":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/media?parent=4204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/categories?post=4204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/tags?post=4204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}