BRUSSELS (AP) — The European Union’s antitrust body is opening an in-depth investigation of the proposed 10 billion-euro ($14 billion) deal by Liberty Global PLC to fully take over Dutch cable operator Ziggo NV.
The EU Commission said Thursday it is concerned the acquisition by Liberty — the cable company chaired by American tycoon John Malone — could reduce competition in the Dutch pay-TV and telecommunications market.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.