The Swiss competition agency Comco has decided to block a deal that would have combined the respective local mobile subsidiaries of France T
The two companies wanted to combine their Swiss mobile networks, Orange Communications and Sunrise Communications, to be able to better compete with Swisscom, they said in a joint statement.
They announced the merger plan on Nov. 25, and in December Comco started an inquiry into how the merger would affect competition in Switzerland.
On Thursday, Comco concluded that if Orange and Sunrise had merged, the Swiss market would only have had two mobile operators with their own networks, and that would remove effective competition. It would be easier for the new operator and Swisscom, which has the second network, to maintain high prices, instead of competing with each other for market share, the regulator said.
Elsewhere, France T