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Merger Hutchison „3“ and Orange: EU Commission Extends Examination Phase

Published: October 22, 2012; 18:43 · (Vindobona)

The Commission announced that the deadline for the deal will be postponed by three weeks.

Merger Hutchison „3“ and Orange: EU Commission Extends Examination Phase / Picture: © Hutchison Austria

Initially, the Commission wanted to announce its decision until the end of November. The new deadline is December 21. The Commission fears that the merger between the Austrian subsidiary of the Hong Kong-based Hutchison Group and Orange reduces the competition in the Austrian telecommunication market. In the end, this would cause increasing prices for the consumers. In the last weeks,…

This article includes a total of 94 words.

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