Italy's antitrust scrutinises impact of Swisscom-Vodafone deal on landline service
fxes typos in paragraphs 2 and 4 to show antitrust authority is called AGCM
MILAN, Sept 16 (Reuters) -Italy's competition watchdog said on Monday a planned tie-up between Swisscom's SCMN.S and Vodafone's VOD.L Italian units could pose a threat to competition in the country's fixed-line connectivity services.
Last week the Italian antitrust authority, called AGCM, opened an in-depth review of Swisscom's 8-billion-euro buyout of Vodafone Italia, which will be combined with Swisscom's Italian subsidiary Fastweb, subject to regulatory approval.
The tie-up would create Italy's second-biggest fixed-line broadband operator behind Telecom Italia (TIM) TLIT.MI, with a strong presence in the prized business segment and in the full-fiber connectivity market.
In its weekly bulletin published on Monday, AGCM said the deal could create a dominant player in the fixed-line wholesale service market as well in retail services to residential, public administration and corporate customers.
The investigation will last 90 days.
The tie-up, announced in March is expected to be finalised in the first quarter of next year.
Reporting by Elvira Pollina, editing by Gavin Jones
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