This article (Is Kroes consolidation package now a dead parrot?) hits the point: fostering consolidation, in the European markets’ environments, means basically re-introducing monopolies at national levels. In other words, turning the clock back to 1995. If, despite two decades of single European market, there is no real trend for further consolidation is that, admittedly….there is no real need for it. Probably, the European telecom market structure is presently well addressed by an articulated set of cross-border and national champions. Its “workable” competition, after all: something even Chicago Boys could subscribe to.
On the other hand, probably it would be worth re-focusing on supra-national authorization sets: there is still so much to be achieved in terms of administrative simplification in this field…

(see discussion on Linkedin started by Jean-Stéphane Gourévitch)