EU antitrust regulators set Feb. 15 deadline for Orange's MasMovil tie-up in Spain

Digi Communications

12/12/2023 15:30

BRUSSELS, Dec 12 (Reuters) - European Union antitrust
regulators will decide by Feb. 15 whether to clear the tie-up
between Orange's Spanish unit with MasMovil after the companies
offered remedies to address competition concerns, according to
an update on the European Commission website.
    The EU competition watchdog stopped the clock on its
scrutiny of the deal on July 28 while waiting for the companies
to provide requested information.
    The regulator, which resumed its investigation on Tuesday,
will now seek feedback from Orange and MasMovil's rivals and
customers before deciding whether to accept their remedies.
    The companies, with the Commission's backing, picked
Romania's Digi  DIGI.BX  to buy assets they plan to divest to
address EU antitrust concerns, two people with knowledge of the
matter told Reuters in October.

 (Reporting by Foo Yun Chee; Editing by Benoit Van Overstraeten)
 ((benoit.vanoverstraeten@thomsonreuters.com; +33149495339;))