Competition Authority Appeals Cartel Court Decision

News: Austria's Federal Competition Authority, the Bundeswettbewerbsbehorde (BWB), has appealed against a decision taken by the Austrian cartel court. According to the ruling, domestic telecoms operator Telekom Austria secured clearance from the court regarding its proposed acquisition of Yesss! from Orange Austria. The authority is appealing on the grounds that the evaluation, on the basis of which the court has taken its decision, is in essential parts false and insufficient, said Stefan Keznickl, spokesperson for the authority said. Additionally, the acquisition would have a negative effect on consumers and would limit competition.

This article is tagged to:
Sector: Telecommunications
Geography: Austria

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