Exclusive-Orange/MasMovil pick Digi to buy assets being sold to address EU concerns

Exclusive-Orange/MasMovil pick Digi to buy assets being sold to address EU concerns - sources

© Reuters. FILE PHOTO: The logo of French telecom operator Orange is pictured in Brussels, Belgium May 22, 2023. REUTERS/Yves Herman/File Photo

The deal is seen as an important test case of whether EU antitrust regulators will relax their tough approach towards mergers that shrink the number of mobile players in a country from four to three. Regulators worry that this may reduce competition. The European Commission in June warned the companies that the deal, which will reduce the number of mobile players in Spain from four to three, may reduce competition and push up prices in Spain.

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