The European Commission on Tuesday gave the green light to the transformation of a joint venture between Orange and Deutsche Telekom, Belgium-based BuyIn to become a fully-fledged company, concluding that the transaction will not have a negative impact EU competition.
BuyIn will provide services in public administration related to network technology, digital platforms, customer equipment and other products that will be used by German Deutsche Telekom and French Orange.
The above operation will allow the resulting company to provide the same type of services to third parties, according to the notification submitted to the Community Executive last February. Brussels has concluded that the transaction does not raise competition concerns, as it will not result in the contribution of any additional assets or activities to BuyIn, while the resulting company may open its offer to third parties. The file has been processed under the simplified procedure which applies to less problematic cases.