Is Starlink a Game-Changer in European Satellite Competition?
The EU antitrust regulators are assessing whether Elon Musk's SpaceX-owned Starlink poses a credible competitive threat to European satellite companies SES and Intelsat, which are planning a $3.1-billion merger. Customer feedback will guide the European Commission's decision on whether to approve the deal or conduct a detailed investigation.
The European Union's antitrust regulators are scrutinizing the potential impact of Elon Musk's SpaceX-owned Starlink on the competitive landscape of the satellite industry. This review comes amid a $3.1-billion merger proposal between European satellite giants SES and Intelsat.
Regulators have reached out to customers of SES and Intelsat to gauge whether Starlink represents a credible threat to the established players. This feedback is crucial as it will influence the European Commission's decision on the merger.
The ruling, expected soon, could range from a green light with no strings attached, to a full-scale investigation if substantial concerns about competition are identified. The outcome will dictate the future of satellite competition in Europe.
(With inputs from agencies.)
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