EC to warn Vodafone, Liberty Global on competition - Mobile World Live

EC to warn Vodafone, Liberty Global on competition

21 MAR 2019

The European Commission (EC) was reportedly set to formally lay out its competition concerns regarding Vodafone Group and Liberty Global’s proposed €18.4 billion tie-up.

Reuters, citing people familiar with the matter, said the EC will release a statement of objections ahead of a deadline of 3 June to rule on the merger.

Vodafone announced a deal to acquire Liberty Global’s assets in Germany, Czech Republic Hungary and Romania in May 2018. The EC opened its investigation into the deal in December, stating its review would focus in particular on the impact to competition in Germany and Czech Republic.

Reuters added it expects Vodafone to offer concessions to push the deal through.

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Kavit Majithia

Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >>

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