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iliad: EU clears acquisition of UPC Polska

( - The European Commission has announced that it has authorised the acquisition of UPC Polska - a Polish-based subsidiary of Liberty Global - by Iliad.

UPC Polska is a telecommunications company providing fixed-line, television and mobile services, while Iliad, a subsidiary of the Xavier Niel group, is active in the Polish mobile, fixed internet and pay TV markets through its subsidiary P4 sp. z o.o. ("P4").

The Commission concluded that the acquisition did not raise any competition concerns, as the transaction gives rise to minor horizontal overlaps and the vertical overlaps do not give rise to any risk of foreclosure in the wholesale mobile network market.

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