BRUSSELS, Nov 13 (Reuters) -
The EU General Court dismissed a case brought by Deutsche
Telekom and some others on Wednesday, upholding a
decision in a lower court that allowed an acquisition by
Vodafone ( VOD ) of some Liberty Global ( LBTYA ) assets to go forward.
Vodafone ( VOD ), one of the world's largest mobile operators,
agreed in 2018 to pay $22 billion for Liberty Global's ( LBTYA ) cable
networks in Germany and eastern European markets to challenge
the dominance of former monopolies like Deutsche Telekom.
Rivals said they were concerned the deal would hurt
competition in Germany and the Czech Republic, but the European
Commission concluded that the two companies were not competitors
and the acquisition would not affect competitive conditions.