The European Commission’s review of Telefonica’s acquisition of KPN’s Germany wireless unit is more concerned with boosting existing competitors in the industry rather than creating a new market entrant, according to sources.
The Commission declined to pass on review of the merger to German regulators in efforts, reports say, to streamline its telco merger regime. Experts have speculated as to the concessions the EU watchdog would likely demand from Telefonica, Spain’s largest telco, to clear the deal, and Telefonica had reportedly offered to lease its spectrum to a new competitor.
But sources say the Commission is focusing on how existing, smaller operators will be affected by the $12 billion deal.
The acquisition of KPN’s E-Plus unit would reduce the number of wireless operators in the nation from four to three, raising concerns among regulators and consumer advocates.
Full content: Businessweek
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Conducts First-Ever Raids on a Company Under Foreign Subsidies Regulation
Apr 23, 2024 by
CPI
FTC Moves to Ban Non-Compete Agreements, Aiming to Boost Labor Mobility
Apr 23, 2024 by
CPI
Federal Judge Nods at $418M Deal in Real Estate Antitrust Suit
Apr 23, 2024 by
CPI
Mexican Watchdog Probes Amazon and Mercado Libre Over Loyalty Bundles
Apr 23, 2024 by
CPI
Competition Commission of India to Probe AI Landscape for Competition
Apr 23, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI