The European Commission opened, on Monday 3 April, an in-depth investigation to assess, under the EU Merger Regulation, the proposed creation of a joint venture by Orange and MasMovil.
The Commission is concerned that the transaction could reduce competition in the retail supply of mobile and fixed broadband services as well as of multiple-play bundles in Spain.
Orange (France) and MasMovil are respectively the second and fourth largest operators in the retail and wholesale markets for...