Telefonica’s E-Plus takeover will get scrutiny at EU level, antitrust chief confirms

European competition chief Joaquin Almunia has reiterated his wish that his department examine Telefonica’s proposed takeover of KPN’s E-Plus, which would create Germany’s largest network by subscriber count. Almunia said a week ago that he doesn’t want to leave the case in the hands of the German national regulator due to Telefonica and KPN’s size and importance at the EU level. On Friday, he added that the Commission would “likely continue to assess [mergers such as O2/E-Plus] on the basis of national markets — at least for some time.”

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