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EC fears price increases from O2, E-Plus merger - report

Thursday 27 February 2014 | 10:19 CET | News
Telefonica's propsoed takeover of German operator E-Plus could raise mobile prices by up to a third for some customers, according to the European Commission. This was part of the conclusions of its initial evaluation of the proposed takeover, which would see Germany's third- and fourth-largest mobile operators merged. The EC competition authorities sent its first opinion on the deal to the companies on 26 February, the Financial Times reports. According to people familiar with the 'statement of objections' draft, antitrust officials estimated that post-merger, the average price of a mobile

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Categories: Mobile & Wireless
Companies: E-Plus / European Commission / KPN / Telefonica
Countries: Germany
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