EU antitrust chief warns against telecoms mergers

EU competition chief Margrethe Vestager has issued a stern warning against further consolidation in the bloc’s telecommunications industry, countering a recent EU report that advocated for mergers among operators to bolster networks. Speaking at a conference in Brussels, Vestager forcefully rejected the notion that more concentrated national telecoms markets would lead to better outcomes. “No…

EU antitrust chief warns against telecoms mergers

EU competition chief Margrethe Vestager has issued a stern warning against further consolidation in the bloc’s telecommunications industry, countering a recent EU report that advocated for mergers among operators to bolster networks. Speaking at a conference in Brussels, Vestager forcefully rejected the notion that more concentrated national telecoms markets would lead to better outcomes. “No…