Second, Telenor`s interpretation defines “control” more reasonably. Ownership is not the only way for one person or individual to control another person. Contractual agreements, such as shareholder agreements, employment contracts or agency contracts or other commercial contracts, can allow one company to exercise considerable power over another. It is not consistent with the objective of the presumption of competition for the alfa group parties to prohibit holding, directly or indirectly, shares in a competing telecommunications undertaking, but controlling another nature ...
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