Acquisition of new rights of use of spectrum, including through spectrum transfer or leasing or other transactions between users, and the introduction of new flexible criteria for spectrum use can have an impact on the existing competitive situation.

Third, in the hypothetical situation that an economic advantage were transferred to the seller, as a result of the measure at issue the acquirer would increase its acquisition price, which is of the upmost importance in the case of a competitive acquisition transaction.

As long as the players emerging from mergers and acquisitions act on a real competitive basis, this does not necessarily have negative effects on competition.

As long as the players emerging from mergers and acquisitions act on a real competitive basis, this does not necessarily have negative effects on competition.

(a) credit institutions or other financial institutions or insurance companies, the normal activities of which include transactions and dealing in securities for their own account or for the account of others, hold on a temporary basis securities which they have acquired in an undertaking with a view to reselling them, provided that they do not exercise voting rights in respect of those securities with a view to determining the competitive behaviour of that undertaking or provided that they exercise such voting rights only with a view to preparing the disposal of all or part of that undertaking or of its assets or the disposal of those securities and that any such disposal takes place within one year of the date of ...[+++]acquisition; that period may be extended by the Commission on request where such institutions or companies can show that the disposal was not reasonably possible within the period set.

The USPs have maintained their market dominance in the mail market still largely protected by reservation in most Member States, and some of the USPs have expanded, through mergers and acquisitions, into ancillary competitive markets;