“No magic number” means “No magic number”: Will the EU Court turn the tide on 4-to-3 mobile mergers in Europe?

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The General Court’s judgment in CK Telecoms[1] annulling the European Commission’s (“Commission”) 2016 prohibition decision of the UK mobile merger raised quite a bit of interest beyond the Brussels competition bar, particularly with European telecom companies, who have long argued that the Commission has taken a far too strict stance on in-country market consolidation.