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Exclusive: EU set to investigate Deutsche Telekom, Tele2's Dutch deal - sources

Reuters  |  BRUSSELS/STOCKHOLM 

By Foo Yun Chee and Olof SwahnbergBRUSSELS/STOCKHOLM (Reuters) - Deutsche Telekom is set to face a four-month investigation by EU antitrust regulators into its bid to buy the Dutch business of Swedish peer Tele2, two people familiar with the matter said on Tuesday.The move by the European Commission underscores its hard line against telecoms deals in markets where the number of players would be reduced from four to three and there are fears of consumers being hit with higher bills.Stiff opposition from the EU competition enforcer scuppered a plan by TeliaSonera and Telenor to merge their ...

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First Published: Tue, June 12 2018. 16:59 IST
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