MCI appeals ancient EC decision
PrintOld battles, open wounds
Posted in Business, 29th March 2004 09:37 GMT
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MCI, the telco formerly known as WorldCom, is appealing a decision by the European Commission which stopped it acquiring Sprint in 2000.
MCI is taking the case to court in Luxembourg, according to Forbes. A panel of three judges will decide on the legality of the case.
Mario Monti held a press conference to announce his opposition to the takeover on Monday 26 June 2000. On the Tuesday the DoJ also said it opposed the deal and WorldCom withdrew. On the Wednesday the EC voted to reject the withdrawn deal. MCI is now claiming the Commission had no right to vote on a deal which had been withdrawn.
Microsoft will appeal Mario Monti's recent decision against it in the same court.®
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