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Europe Daily Bulletin No. 11521

31 March 2016
ECONOMY - FINANCE / (ae) competition
In-depth investigation into proposed Hutchison/VimpleCom joint venture

Brussels, 30/03/2016 (Agence Europe) - On Wednesday 30 March, the European Commission announced that it had opened an in-depth investigation into the proposed joint venture between the telecommunications activities of Hutchison and VimpelCom in Italy.

The Commission explains that the transaction would have the effect of combining VimpelCom's subsidiary WIND with Hutchison's subsidiary H3G, respectively the third and fourth largest operators on the Italian retail mobile telecommunications...

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