The EU General Court ruled against the Commission on Thursday 28 May in its decision on the proposed acquisition of Telefónica UK by Hutchison 3G UK (or 'Three') in the mobile telephone market, an acquisition that it had blocked on 11 May 2016 under merger regulations.
According to the European Commission, the takeover would have resulted in the elimination of an important competitor on the market and the merged entity would have faced competition from only two operators, Everything...