Portugal blocks Vodafone’s takeover of Nowo
Portugal’s competition regulator, Autoridade da Concorrência (AdC), has shot down Vodafone Portugal’s attempt to acquire telecom company Nowo. The AdC fears the merger would hurt consumers by limiting competition in the Portuguese telecom market, by increasing market power for Vodafone and its main competitors (Meo and NOS), creating conditions for coordinated offers among them, and […]