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COMPANY NEWS: THE ITALIAN MARKET IS OPEN AGAIN

Veröffentlicht 2018-03-07 20:49:08
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COMPANY ANNOUNCEMENT: THE ITALIAN MARKET IS OPEN AGAIN

The OneLife Network is proud to announce that the market in Italy is opened again. On February 19, 2018 the Italian Administrative Supreme Court (Consiglio di Stato) has officially published its decision regarding the case.

In 2016 the Italian financial regulator (CONSOB) and the Italian Antitrust Authority have initiated an investigation of the activity of the OneLife Network. This was provoked by websites of IMAs who were performing their activity in violation of the Terms and Conditions of OneLife.

The Italian Administrative Supreme Court has decided that the results of the investigation of OneLife Network Ltd.’s activity, initiated by the Italian Antitrust Authority, are not clear and do not prove that the commercial practice of OneLife Network is unfair. Therefore the measures taken are suspended and conclusions must be reviewed.

With regards to the above, the Italian Antitrust Authority’s decision was suspended as a precautionary measure, which means that the commercial activity of the OneLife Network Ltd. on the Italian market can now be resumed. The decision of the Court is available on the official webpage of the Consiglio di Stato.

Dedicated teams are currently working to ensure the smooth flow of all technical operations. Additional information will be published and disseminated via the OneLife corporate channels. We will announce as soon as possible when all is set and ready for the Big start.

Contact information:

OneLife Press Department

press@onelife.eu

Source: https://www.onelife.eu/de/news/company-announcement--the-italian-market-is-open-again

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