"Merger Control: main developments between 1st May 2000 and 31st August 2000"* The Commission decided to prohibit the merger between US telecommunications firms MCI WorldCom Inc and Sprint Corp as it would have resulted in the creation of a dominant position in the market for top-level universal Internet connectivity. In the course of the review, the companies proposed to divest Sprint‘s Internet business but this was insufficient to
The EU Commission prohibits a merger between two US telecommunications companies (MCI WorldCom / Sprint)
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