French telecoms operator Orange sought to convince EU antitrust regulators at a closed hearing on Monday that its proposed 3.4 billion-euro buy of Spanish peer Jazztel would not drive up consumer prices, according to people attending the hearing.
The deal is expected to be a test case of how far new European Competition Commissioner Margrethe Vestager will push telecoms operators for concessions in return for her allowing more consolidation in the sector.
The European Commission last Friday asked third parties for their feedback on concessions offered by Orange.
Full Content: Yahoo! News
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