On Monday 9 July, the European Commission cleared the planned acquisition of UPC Austria (UPC) by T-Mobile Austria (TMA), as it considered that the transaction would not create competition distortions on single market.
Both companies are active in fixed-line (UPC) or mobile (TMA) telecommunications services on Australian soil. Following the notification of the transaction on 18 May of this year, the Commission carried out an examination to determine whether some of their activities, for...