EC hands SFR deal probe to France
France’s competition authority assumed control of investigating a proposed purchase and subsequent carve-up of SFR by Iliad Group, Bouygues Telecom and Orange, after the European Commission (EC) referred the element falling under its remit.
In a statement, Autorite de la Concurrence estimated its probe into the three related transactions would take at least 18-months due to the complexity of the cases and markets involved.
When the parties announced the agreement in June, they estimated completion in H2 2027.
Because Orange and Bouygues Telecom generate more than two-thirds of their European Union-wide turnover in France, their agreements automatically fell under the remit of the national authority, but the EC could have looked directly into Iliad’s involvement because it did not meet the same criteria.
However, following an application from the company, the European regulator referred that part to France as well.
Autorite de la Concurrence noted the EC had considered it is “best placed to examine the transaction, in particular in view of its impact on the French market, the experience of the Autorite in the sector concerned and the fact the transaction is linked to two transactions with a national dimension”.
It plans to co-operate with the EC during the review.
The French regulator is already in discussions with Orange and Bouygues Telecom ahead of the pair making formal submissions and is now set to undertake a process with Iliad.
Its probe is set to include stakeholder consultation including consumer protection organisations and other regulators.
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