The European Union's competition watchdog has blocked a major mobile phone merger in the UK. EU antitrust commissioner Margrethe Vestager says the planned sale of O2 to Hutchison would have created a far too influential market leader in Britain.
EU nixes mobile phone merger - China: tech workers sleep on the job - Refugees in Estonia
The European Commission has thwarted plans of a blockbuster merger between O2 and Hutchison in the UK. It said it had strong concerns the tie-up would harm British customers and make them pay more for services.
New EU rules mean that mobile phone users no longer need to pay extra charges when they leave their countries for other member states. But critics say German and Spanish lobbyists have watered down those rules.
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