Carphone cleared to buy AOL's British internet access business

The European Commission today approved the acquisition of America On Line’s British internet access business by Carphone Warehouse Group, seeing no antitrust problems.

The EU antitrust office in Brussels said it found in sectors where the two companies’ activities overlapped – internet access services and fixed-line phone services – “the combined entity’s share of the relevant market would not give rise to competition concerns” since there remained enough competitors.