Mandate

Vinge ADVISES Tele2 IN CONNECTION WITH SALE OF CABLE AND FIBRE OPERATIONS

October 23, 2013

Vinge is advising Tele2 in connection with the sale of its cable and fibre operations on the private market and the private customers pertaining thereto to Telenor. The total cash consideration amounts to SEK 794 million of which approximately SEK 250 constitutes capital gains. The transaction relates to approximately 125 000 fixed broadband customers and approximately 75 000 digital TV customers. Telenor’s acquisition is subject to the approval of the Swedish Competition Authority.

Partner Johan Winnerblad together with, among others, associates Nina Farrahi, Mikael Satama Granberg and Jonatan Lund Kirkhoff are advising Tele2. Partner Johan Karlsson and associate Grant McKelvey are providing competition law advice and associate Åsa Gotthardsson is providing employment law advice.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021