Portuguese Competition Authority

08/21/2024 | Press release | Distributed by Public on 08/21/2024 08:25

The AdC issued a non opposition decision to the merger 48/2024 IIP Platinum Fibre / Noae Investments.Cleva.

21-08-2024

The AdC issued a non-opposition decision to the merger 48/2024 - IIP Platinum Fibre / Noae Investments.Cleva.

On August 21, 2024, the Board of Directors of the Competition Authority, using the powers conferred on it by paragraph d) of paragraph 1 of article 19 of the Statutes, approved by Decree-Law No. 125/2014, of August 18, decides to adopt a decision of non-opposition to the concentration operation, under the terms of paragraph b) of number 1 of article 50 of the Competition Law, since it is not susceptible to create significant impediments to effective competition in the national market or in a substantial part of it.

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