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Anjum Shabbir
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25th November 2019
Competition & State Aid

Echostar, Mubadala and HPE JV merger approved by the Commission

The Official Journal publishes today the Commission’s approval of the merger of certain Brazilian-US-UAE based entities bringing together satellite services and technologies, broadband internet services, communications solutions, and investments in a range of sectors (energy, utilities, real estate, aerospace, metals and mining, oil and gas, semiconductors and financial holdings). The Commission found that as HPE is not active in the EEA, the merger was compatible with Merger Regulation 139/2004 and raised no competition concerns.

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