The EU Commission alleges a telecommunication company has breached its remedies following the clearance of its merger (Telefónica Deutschland)

Mergers: Commission alleges Telefónica breached commitments given to secure clearance of E-Plus acquisition* The European Commission has sent a Statement of Objections to Telefónica Deutschland alleging the company breached commitments it offered to secure the Commission's approval under the EU Merger Regulation of its acquisition of E-Plus in 2014. Commissioner Margrethe Vestager, in charge of competition policy, said: "Commitments from the parties in merger decisions are crucial to ensure that effective competition is maintained after a merger or takeover, so that there is no harm to consumers. We need full compliance and take very seriously any case where companies may have failed to comply with their commitments, which is why we have sent today's statement of objections.” On 2

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

European Commission, The EU Commission alleges a telecommunication company has breached its remedies following the clearance of its merger (Telefónica Deutschland), 22 February 2019, e-Competitions Merger Remedies, Art. N° 89534

Visites 348

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues