The European Commission has extended its deadline to make a decision on the proposed merger of CK Hutchison’s 3 Italia and VimpelCom’s Wind.
The extension to September 8, 2016 was made by the commission with the agreement of the parties, according to Commission spokesman Ricardo Cardoso.
An approval of the deal would reduce the Italian market from four to three operators by September 2016.
Swisscom’s Fastweb, Iliad and Digicel Group have submitted preliminary bids to EC commissioner Margrethe Vestager to acquire spectrum and about 5,000 towers that could be divested by VimpelCom and CK Hutchison to ease competition concerns. The latter has also proposed various concessions such as selling equipment and roaming deals to help launch a rival fourth operator in the Italy.
Full Content: Capacity Media
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Orders Apple to Address Fortnite App Block or Face Court Hearing
May 19, 2025 by
CPI
EU Civil Society Groups and Labor Unions Raise Alarm Over Proposed Changes to GDPR
May 19, 2025 by
CPI
EU Antitrust Regulators Push Back Deadline on UniCredit’s Takeover Bid for Banco BPM
May 19, 2025 by
CPI
Intel Challenges €376 Million EU Fine in Ongoing Antitrust Dispute
May 19, 2025 by
CPI
Red Bull Challenges EU Commission Over Lengthy Antitrust Inspection
May 19, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Healthcare Antitrust
May 14, 2025 by
CPI
Healthcare & Antitrust: What to Expect in the New Trump Administration
May 14, 2025 by
Nana Wilberforce, John W O'Toole & Sarah Pugh
Patent Gaming and Disparagement: Commission Fines Teva For Improperly Protecting Its Blockbuster Medicine
May 14, 2025 by
Blaž Višnar, Boris Andrejaš, Apostolos Baltzopoulos, Rieke Kaup, Laura Nistor & Gianluca Vassallo
Strategic Alliances in the Pharma Sector: An EU Competition Law Perspective
May 14, 2025 by
Christian Ritz & Benedikt Weiss
Monopsony Power in the Hospital Labor Market
May 14, 2025 by
Kevin E. Pflum & Christian Salas