The European Commission's competition chief, Karel Van Miert, said that no obstacles remained to the EC clearing the merger of Worldcom and MCI. The comment followed an agreement by the telecomms companies to "eliminate all overlap, including at the level of retail Internet services", Van Miert said (see Newswire 24 June). He also said he was confident that other EC officials would agree, and noted that the the separate US antitrust probe into the merger was cooperating closely with the EC.
MCI will sell all its Internet businesses, although the buyer has not been announced yet. The wholesale side is currently promised to Cable & Wireless, which said it may bid for the rest.
The other option presented to the would-be partners was for Worldcom to sell its UUnet service provider subsidiary, but the companies quickly ruled this out.
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