EU rules not a barrier to telcos scaling up, senior EU official says
Update: 2025-10-29
Description
Europe's telecom industry is calling for relaxed merger rules, but the European Commission stands firm. Despite concerns about keeping up with international rivals, the Commission emphasizes that scaling up through mergers is not the issue, as long as it doesn't lead to excessive market dominance. The focus is on market power, not just size. The Commission sees the need for greater flexibility in deals involving innovative startups, but remains vigilant against any mergers that could reduce competition in emerging markets. The debate continues, with companies needing to prove that mergers won't harm consumer choice or drive up prices.
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