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EU: EC has no major concerns in Germany over Vodafone-Liberty deal

By  |  April 2, 2019

The European Union has not raised any major concerns about the impact on Germany’s cable market of Vodafone buying Liberty Global’s assets, Reuters reported.

Vodafone, the world’s No.2 mobile operator, agreed in May 2018 to pay US$22 billion for Liberty Global’s cable networks in Germany and eastern European markets to challenge the dominance of former monopolies such as Deutsche Telekom.

In December, the EU opened a full-scale probe into the deal, which has been strongly criticized by rivals Deutsche Telekom and Telefonica Deutschland.

Antitrust regulators said at the time they were concerned the deal would damage competition in Germany and the Czech Republic.

Full Content: Reuters

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