TELECOMMUNICATIONS : INVESTIGATION INTO AMSTERDAM'SaBROADBAND NETWORK FUNDING.

The European Commission, on 21 December, announced that it had opened an in-depth investigation into the investment by the City of Amsterdam in building a glass fibre telecommunications network. This investigation will enable the Commission to determine whether the participation by the city, alongside private investors, constitutes state aid and, if so, whether such aid is compatible with the EC State Aid rules.

Together with private shareholders, Amsterdam is investing in an undertaking...

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