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International

EU probes Vodafone, Liberty deal over competition concerns

December 12, 2018 Reprints

The European Union's antitrust regulator is investigating U.K.-based telecom giant Vodafone Group P.L.C.'s $22-billion deal to buy Liberty Global P.L.C.'s assets in Europe following competition-related concerns, Business Standard reported citing sources. The European Commission said that the deal could potentially damage competition in Czech Republic where Vodafone offers mainly mobile telephony services and Liberty Global offers fixed services. The commission said that the deal could also reduce competition in Germany in the retail fixed telecom and retail television markets.

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EU probes Vodafone, Liberty deal over competition concerns

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