Orange Sale: EU Commission is Concerned too

Businessn.a. ♦ Published: June 29, 2012; 18:54 ♦ (Vindobona)

After the Austrian Federal Competition Authority (BWB) expressed its concerns about the acquisition of Orange by Hutchison Austria, the EU Commission announces to deepen its examination.

Orange Sale: EU Commission is Concerned too / Picture: ©

Not only the Austria Federal Competition Authority (BWB) is in doubt. Also the EU-Commission considers the deal between Orange, Hutchison and Telekom Austria as problematic. The Commission wants to prevent that the merger brings a rise in costs for customers.

The Competition Commission, the supervisory organ of BWB, fears negative consequences for the domestic competition. Hence,…