On Friday 10 February, the European Commission unconditionally approved the creation of a joint undertaking by Deutsche Telekom AG, Orange SA, Telefónica S.A. and Vodafone Group plc. The Commission concluded that the transaction would not raise competition concerns within the European Economic Area (EEA).
The joint undertaking will offer a platform to support brands and publishers’ digital marketing and advertising activities in France, Germany, Italy, Spain and the UK. Subject to the...