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IP: EU Warns U.S. Over Telecoms Deal
From: David Farber <dfarber () fast net>
Date: Sun, 23 Jul 2000 16:45:04 -0400
EU Warns U.S. Over Telecoms Deal WASHINGTON (Reuters) - The European Union could file a WTO complaint against Washington if the U.S. Congress blocked German telecommunications giant Deutsche Telekom AG (DTEGn.DE) from buying U.S. wireless telephone company VoiceStream Wireless Corp. (VSTR.O), an EU spokesman said on Sunday. Willy Helin, spokesman for the EU delegation in Washington, said the United States would be in violation of World Trade Organization (WTO) rules if it approved legislation to ban the takeover of a U.S. telecoms operator by a company more than 25 percent-owned by a foreign government. http://www.nytimes.com/reuters/business/business-voicestream-.html
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