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EU: Regs reject Spanish bid to examine the Orange/Jazztel $3.82B merger

By  |  January 26, 2015

The European Commission has decided not to refer the planned acquisition of Jazztel by Orange to the Spanish competition authority for assessment.

France’s largest telecoms operator and its Spanish peer sought EU approval for their deal in October last year, prompting the Spanish watchdog’s request to the European Commission.

AThe EU executive, which opened an in-depth probe into the deal in December last year concerned that it would reduce competition for fixed Internet access in Spain, said it would keep the case.

The Commission will nonetheless continue to cooperate closely with the Spanish competition authority in the assessment of the case, reports say.

Full Content: European Commission

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