| Author (Corporate) | European Commission: DG Competition |
|---|---|
| Publication Date | 2013- |
| Content Type | Overview |
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Summary: Reports of the in-depth investigation carried out by the European Commission over the proposed acquisition of telecommunications company E-Plus by Telefónica (Deutschland). Further information: The European Commission opened on 20 December 2013 an in-depth investigation to assess whether the planned acquisition of of E-Plus of Germany by Telefónica Deutschland (Telefónica) was in line with the EU Merger Regulation, due to concerns that the transaction could reduce competition in the markets for retail mobile telephony and for whole sale access and call origination in Germany. In January 2014, the Commission rejected a request from Germany to refer the planned acquisition to the German competition authority for assessment under German competition law. On 2 July 2014, the Commission announced the endorsement under the EU Merger Regulation if the proposed acquisition of E-Plus by Telefónica Deutschland. This was subject to full compliance with commitments submitted by Telefónica. However, the Commission on 22 February 2019 issued a new Statement of Objections following the company's breaking of commitments its had offered to secure the approval of the transaction. According to the Commission, Telefónica had failed to offer wholesale 4G service to all interested players at 'best prices under benchmark conditions'. |
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| Source Link | Link to Main Source http://ec.europa.eu/competition/elojade/isef/case_details.cfm?proc_code=2_M_7018 |
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| Subject Categories | Business and Industry, Internal Markets |
| Subject Tags | Competition Law | Policy, Telecommunications |
| Keywords | Mergers and Acquisitions |
| Countries / Regions | Germany |
| International Organisations | European Union [EU] |
