Germany: Commission approaching E-Plus, Telefonica blessing (Competition Policy International)

Three sources told reporters Friday that the European Commission is closing in on offering formal approval for Spain-based Telefonica to acquire Germany’s E-Plus, reports say.

The $11.7 billion takeover would reduce the number of operators in Germany from four to three. Experts have been eyeing the Commission’s review of the merger …read more

Source: Global Competition Law Blogs