Thursday, 13 December 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…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry