Wednesday, 24 January 2018

Competition bodies have 'gone too far' in Europe

By Mary Lennighan, Total Telecom
Wednesday 04 June 14

GSMA chief sees more consolidation ahead but warns against strict remedies; 3 cannot see cost benefit of cross-border M&A in Europe.

European regulators are taking great pains to protect competition amidst a new wave of M&A in the telecoms space, but the GSMA's Anne Bouverot believes they actually risk damaging the market with the strict remedies they impose on takeover deals. "I think we've gone too far in Europe," said Bouverot, the industry body's director general, in an address at the launch of IDATE's new Digiworld Yearbook in London on Tuesday evening…

European regulators are taking great pains to protect competition amidst a new wave of M&A in the telecoms space, but the GSMA's Anne Bouverot believes they actually risk damaging the market with the strict remedies they impose on takeover deals. "I think we've gone too far in Europe," said Bouverot, the industry body's director general, in an address at the launch of IDATE's new Digiworld Yearbook in London on Tuesday evening…

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