Spain/Germany: Sources say EU to win jurisdiction battle in Telefonica, KPN deal
Three unnamed sources told reporters that the European Commission will launch an in-depth investigation into Spain’s Telefonica and it proposed $11.9 billion buyout of KPN’s German operations.
The investigation means the Commission will overrule Germany’s request to examine the deal itself.
Reports say the Commission is concerned the buyout will reduce mobile competitors in Germany down from four to three. The merger was first announced last July.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Agri Stats Must Face Price-Fixing Lawsuit, Judge Rules
May 29, 2024 by
CPI
States Ramp Up Antitrust Efforts with Expanding Legal Teams
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI