Strasbourg, 11/05/2016 (Agence Europe) - On Wednesday 11 May, the European Commission announced its decision to block plans by Hutchison to purchase O2, the British subsidiary of the Spanish telecommunications group Telefonica.
“The operation would have created a new market leader”, explained European Commissioner for Competition Margrethe Vestager. According to the Commission's in-depth investigation, the entity born of the merger would have faced competition only from two mobile...