Spectator on facebook

Spectator on facebook

Antitrust bodies object to simplified evaluation of EuroTel acquisition by Slovak Telecom

THE TAKEOVER of EuroTel by Slovak Telecom is getting complicated. With the merger of the mobile phone and fixed line companies requiring approval from both the European Commission and the Slovak Antitrust Office, Slovak Telecom's German owner, Deutsche Telekom, has asked the merger oversight bodies to use a simplified evaluation method.

However, the Slovak Antitrust Office objects to a simplified review process, the Hospodárske noviny daily wrote. According to Miroslav Jurkovic, the organisation’s spokesman, the Slovak Antitrust Office believes that a simplified evaluation would not properly assess potential competition risks as a result of the merger.

Slovak Telecom announced in September that it would increase its stake in EuroTel, one of two mobile operators in Slovakia, to 100 percent, with the purchase of a 49-percent stake from the telecommunications consortium, Atlantic West B.V.

Compiled by Marta Durianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Government ignores anticorruption demands Photo

Protesters gave the government two weeks to fulfil their demands.

Blog: We can always count on the nerds…

Brands need to focus on doing good and that this approach is the only option if they want to stay relevant, credible and even profitable, says Thomas Kolster.

Thomas Kolster speaking

Drivers in Bratislava should prepare for worse traffic

Dissatisfied taxi drivers will go on a protest ride from Petržalka to Lamač on Wednesday.

Taxi drivers protested against Uber already in 2015.

Blog: Underground economy flourishes in the queues

A foreigners' real experience at the foreigners’ police department in Bratislava.

Foreign investors said they would welcome less bureaucracy in Slovakia.