GREEN LIGHT FOR TELEFONICA 02 BUY OF HANSENET.
The European Commission authorised, on 29 January, the proposed acquisition of Hansenet Telekommunikation GmbH of Germany by Telefonica Deutschland GmbH, also of Germany and an indirectly wholly-owned subsidiary of Telefonica S.A. (Spain). It concluded that Telefonica and Hansenet are not major competitors for each other in any of the relevant markets, their principal activities being different. Moreover, both the...
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