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EU: Vestager questions more telco mergers

 |  March 8, 2015

Vestager has warned that telecoms mergers must not endanger “affordable prices” for consumers FT reported on Sunday.

Chief Vestager has stressed the need to avoid price increases in her most detailed comments on the telecoms sector since becoming EU competition commissioner.

“I have one interest and that is to make sure that European consumers — that being citizens or businesses — can enjoy relatively innovative markets at affordable prices,” she said in a Financial Times interview.

Vestager will probably be asked to weigh approval of at least three sensitive deals: the purchase of Jazztel by Orange in Spain; a Telenor and TeliaSonera merger in her Danish home market; and Hutchison Whampoa’s move to buy Telefonica’s UK operations.

As seen in her past cases in Denmark Vestager warns against mergers leading to less choices in telecommunication for consumers.


Full Content: The Financial Times


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