EU regulators: telecom M&A leads to higher prices for customers

A group of EU regulators said in a new report that consolidation among European telecom operators leads to higher prices for consumers. The findings run counter to the industry's push for merger approvals.

• EU regulators linked telecom consolidation to higher prices for subscribers
• The report comes as operators seek approval for further consolidation
• Findings contradict the industry's argument that mergers benefit consumers