Luxembourg, 28/09/2004 (Agence Europe) - A Court of First Instance press statement has announced the over-ruling of a European Commission decision of 28 June 2000 rejecting the merger between the US telecom companies Worldcom (now MCI) and Sprint. Without taking a position on the whole case, the Court decided that the Commission was no longer competent in making the decision, as the two companies had abandoned their merger project in its initial form.
The Court indicated that just because...