Hutchison considering legal action against EU over rejected O2 merger

The telecoms company CK Hutchison Holdings says it is considering taking legal action against the European Commission, after the European Union's executive blocked plans to merge its Three services in Britain with the O2 mobile phone operator.

"We are deeply disappointed by the commission's decision to prohibit the merger," the Hong Kong-based conglomerate says in a statement posted on its website.

"We will study the commission's decision in detail and will be considering our options, including the possibility of a legal challenge," it adds.

Last update: Fri, 24/06/2016 - 08:49

More from Europe

Italy police arrest seven linked to online global paedophile network

Seven paedophiles linked to a global online network that counted tens of thousands of affiliates have been arrested...

Turkey now top 10 destination for German arms amid refugee crisis

Turkey has jumped into the top 10 in the rankings of destinations for German arms exports as Ankara responds to...

EU proposes corporate tax reforms to cut red tape, tackle abuse

The European Commission unveiled proposals Tuesday aimed at streamlining corporate tax rules across EU member states...

EU Parliament lifts Le Pen immunity over alleged racial slur

The European Parliament on Tuesday lifted the immunity of Jean-Marie Le Pen, the founder of France's far-right...

Sweden lowers projection for number of asylum seekers in 2016

Tighter border checks introduced by the European Union and individual European states were Tuesday cited as the main...