Press Release: Mergers: Commission clears Slovak Telecom’s acquisition of sole control over EuroTel’s mobile telephony business

The European Commission on 16 December 2004 granted approval under the EU Merger Regulation of the acquisition by incumbent telecommunications operator Slovak Telecom of full ownership of EuroTel Bratislava's mobile telephony business. As Slovak Telecom was the majority shareholder in the target company and already in the position to determine EuroTel's competitive behaviour to a considerable extent, the Commission considered that the operation would not significantly impede effective competition.