German Reforms Could Force Splits For Telecom Giants

Law360, New York (March 19, 2010, 4:00 PM EDT) -- Germany's economics minister proposed revisions to the country's telecommunications law Friday that would allow the German network regulator to force vertically integrated companies to split their wholesale and retail offerings into separate business units in cases of extreme, ongoing competition problems.

The bill from Economics and Technology Minister Rainer Bruderle marks Germany's effort to implement the telecommunications reform package that European Union lawmakers passed in late 2009.

On Friday, Bruderle revealed the key elements of changes to Germany's Telecommunications Act. The ministry expects the country to...
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