Sunday, September 13, 2015

Telenor, TeliaSonera Call off Denmark Merger

The most-important numbers in the global mobile industry arguably are “four” and “three,” the reason being the resistance of national regulators in North America and Europe to allow market consolidation from four leading mobile providers to three.

The latest example is the refusal of European Commission regulators to allow Scandinavian operators Telenor and TeliaSonera to combine their Danish operations, a move that would have reduced the leading number of providers in Denmark.

In fact, the EC wants to encourage the formation of an additional operator that would increase the number of competitors from three to four.

The European Commission confirmed that “the discussions with the parties thus far were not able to fully address the Commission's competition concerns created by the proposed merger.”

"EU merger control has to make sure that company tie-ups do not lead to reduced innovation, higher prices or reduced choice for consumers and do not restrict competition in the internal market,” said Commissioner Margrethe Vestager, competition policy executive.


No comments:

Is Work from Home Really "More" Productive, or "Less?" How Can We Even Tell?

Though many employees express a desire to continue working from home permanently, even after there is no Covid-19 reason to do so, it also s...