On Tuesday 25 July, the European Commission announced its decision to open a formal investigation into whether the Vivendi group had breached the notification and suspension obligations in its acquisition of Lagardère. These obligations are set out in the European regulation on the control of concentrations between undertakings (EC regulation no. 139/2004) for concentrations with a European dimension.
The Executive Vice-President responsible for Competition Policy, Margrethe Vestager,...