BCMR decision remitted to Ofcom

The Competition Appeal Tribunal has today ruled that Ofcom’s BCMR decision be quashed and remitted to the regulator. The BCMR decision was published in April 2016. BT, CityFibre, and TalkTalk launched appeals against various aspects of the decision in June 2016 – the “BCMR Appeals”. The Competition Appeal Tribunal handed down a ruling today, finding…

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The New Electronic Communications Code – Promoting Investment in Telecommunications Infrastructure

The new Electronic Communications Code is due to come into force in late Autumn 2017. The New Code, when in force, will bring important changes relating to rent and private landlord’s rights. In theory, life for electronic communications providers who construct networks should be better and more certain than under the Old Code. This is…

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Google facing fines, non-discrimination obligations, and more?

Preiskel & Co’s Tim Cowen has been quoted by various media sources, including Bloomberg, discussing the impact of an EU fine and potential non-discrimination obligation before the Commission’s announcement on Tuesday. As predicted, the EU has issued Google with a record fine of €2.42 billion. However, with a reported $92 billion “cash hoard”, Google may be…

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Google fined record-breaking €2.42 billion by European Commission

Following a seven-year investigation into Google’s Shopping service, the European Commission has today announced a €2.42 billion fine against Google. The Commission has found that Google breached EU antitrust rules by using its market dominance as a search engine to give its Shopping service an illegal advantage. The Commission has ordered that Google end this practice…

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The Times reports on the EU’s antitrust investigation into Google’s practices

The Times[1] reports that price comparison websites across Europe are gearing up to take follow-on damages actions against Google. This is in light of the expectation that the EU, following a seven-year investigation, will issue a decision in the cases it has been investigating, and potentially a considerable fine on the multinational.   The newspaper…

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Preiskel & Co advised RTX in relation to a £6M investment

Preiskel & Co advised longstanding telecoms client, RTX on a complex financing round comprising an initial investment of £6M Growth Capital from BOOST&Co with further committed funding of £40M scheduled for the second half of the year. The Preiskel & Co team providing the corporate advice was led by Danny Preiskel with assistance from Karthyaeni Vittala. Founded…

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