je.st
news
UPDATE 1-EU opens in-depth investigation into Hutchison, Vimpelcom Italian deal
2016-03-30 17:25:34| Telecom - Topix.net
European Union antitrust regulators have opened an in-depth investigation into Hutchison's planned merger of its Italian mobile telecoms business with Vimpelcom's, on concerns it could lead to higher prices for consumers. "The Commission has concerns that the transaction could lead to higher prices, less choice and reduced innovation for mobile customers in Italy," the European Commission said in a statement on Wednesday.
Tags: update
deal
italian
investigation
Category:Telecommunications