The Commission found that the transaction would add to the Vodafone Group’s European footprint, but did not raise any competition concerns in the mobile telephony services market, where the parties’ activities do not overlap, or in any other related markets, said the Commission in a statement.
The 4.5 billion euro ($4.19 billion) all paper deal, first announced in December of last year, is Ireland’s largest ever corporate transaction and involved Vodafone buying Eircell from the former Irish telecoms monopoly eircom plc.