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Regulators end probe of big 5 EU telecoms firms over standards
March 7, 2013 / 10:47 AM / 5 years ago

Regulators end probe of big 5 EU telecoms firms over standards

BRUSSELS, March 7 (Reuters) - EU antitrust regulators said on Thursday they were closing a preliminary investigation into Europe’s biggest telecoms firms over development of new technology standards for mobile services.

The European Commission, which acts as competition watchdog for the 27-country European Union, said it was satisfied that the operators had handed standardisation work over to the GSMA mobile industry grouping and other sector-wide associations.

It had been worried that work by five major operators - Vodafone, France Telecom, Telecom Italia , Deutsche Telekom and Telefonica -risked shutting out competitors and harming consumers.

“The Commission welcomes this transfer, which allows more stakeholder participation. It is a positive step that reduces the risk of standard setting work affecting competition negatively,” the Commission said in a statement.

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