Brussels, 11/01/2006 (Agence Europe) - Following undertakings from Telefónica, the Commission has cleared the Spanish telecommunications company's purchase of the British telecoms company, O2. Telefónica's activities include both fixed and mobile telephony in Spain and the Czech Republic, while O2 is only active in the mobile sector in the United Kingdom, Germany and Ireland. The Commission was concerned that the acquisition would result in distortions of competition in the market for...