Is the EU protecting competition? That’s the question.

Written by on June 11, 2015 in Snippets with 0 Comments

A small German mobile company has fired a legal salvo that could ricochet across the European telecoms industry with unknown consequences.

Airdata’s target was the €8.6 billion acquisition of KPN’s German unit last year by Spain’s Telefónica. This week Airdata accused the European Commission, which signed off on the takeover, of failing to protect competition in the marketplace.

The rare appeal to the European Union General Court was perfectly timed on two fronts: First, an industry-shaking deal in the UK will land on the Commission’s desk for approval in the coming months. Then, almost at the same time, the Austrian competition authority is expected to release a study of mobile phone prices in the country following the Commission’s approval for a deal that reduced the number of players there. Read the story here…

Tags: ,

About the Author

About the Author: From our press centre we select the top industry news stories from the leading online publications and wire services and bring them straight to you. .

Subscribe

If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top