commiss decis declar concentr compat common market function eea agreement case iv british telecom mci ii english text authent text eea relev ec commiss european commun regard treati establish european commun regard agreement european econom area articl thereof regard council regul eec decemb control concentr undertak amend act access austria finland sweden articl thereof regard commiss decis januari initi proceed case undertak concern opportun make view concern express commiss regard opinion advisori committe concentr decemb uk compani british telecommun plc bt mci commun corpor mci notifi intent effect full merger compani examin notif commiss conclud notifi oper fall scope council regul eec merger regul parti bt princip activ suppli telecommun servic equip main servic product local long distanc telephon call unit kingdom provis telephon exchang line home busi intern telephon call made unit kingdom suppli telecommun equip custom premis bt joint ventur call springboard new intern unit kingdom internet access content unit kingdom market agreement bskyb bt activ internation notabl europ exist concert joint ventur mci european joint ventur mci diversifi commun compani offer custom portfolio integr servic includ long distanc wireless local page messag internet inform servic outsourc advanc global commun unit state america mci ist activ internation notabl rest america concert mci interest joint ventur new corpor satellit tv servic interest joint ventur held share new corpor compani mci hold licenc satellit broadcast ii oper mci merg bt subsidiari incorpor delawar usa ceas separ legal exist bt subsidiari renam mci commun corpor bt chang concert plc incorpor london headquart london washington concert plc organ geograph custom line busi consum servic continu sold unit kingdom unit state bt mci brand name separ oper number divis form current oper compani includ global system integr divis intern divis divis respons multimedia divis respons global allianc joint ventur iii concentr propos oper full merger bt mci mean articl merger regul merger effect exist share mci cancel mci sharehold bt receiv proport concert plc depositari share iv commun dimens bt worldwid turnov financi year excess ecu billion mci worldwid turnov calendar year excess ecu billion bt commun wide turnov year excess ecu billion mci base compani revenu treat account purpos earn unit state approach question geograph alloc turnov earn telephon compani intern call parti provid figur base calcul methodolog variant propos mci commun wide turnov exceed ecu million parti achiev third commun wide turnov member state concentr commun dimens mean articl merger regul compat common market function eea agreement relev product market submiss parti contend virtual horizont overlap bt mci save area market servic provid concert joint ventur audioconferenc market concert joint ventur activ global telecommun servic market suppli ad enhanc servic multin busi user parti carrier respect domest market includ area domest public switch voic servic enhanc ad servic privat leas line intern telecommun gener area market identifi commiss relev assess propos merger includ intern voic telephoni servic ad enhanc servic telex audio videoconferenc call card subsequ inquiri shown market exist competit condit affect signific extent direct result propos oper overlap parti activ telex videoconferenc overlap minim call card broad market definit market ad enhanc servic defin previou decis global part relev geograph market competit concern aris bring compani activ area address commiss decis ec juli relat proceed pursuant articl ec treati articl eea agreement case iv bt mci initi bt mci concert joint ventur event affect market mean merger regul assess focus market intern voic telephoni servic audioconferenc result commiss investig merger bt mci impact competit intern voic telephoni servic intern voic telephoni servic provid public switch network origin termin countri call interconnect domest network pair countri provid transmiss capac intern facil exist countri concern preliminari question aris satellit cabl substitut network purpos deliv call regard separ parti submiss identifi number wai satellit fail provid satisfactori substitut terrestri undersea cabl inher greater signal propag delai time echo effect suscept environment climat condit heavi rain view confirm number respond regard satellit satisfactori substitut cabl reason consid assess propos merger regard cabl satellit substitut provis intern voic telephoni servic requir standard intern direct diall call idd account largest share intern voic telephoni servic idd automat method make receiv telephon call public switch telephon network arrang made call carri intern oper correspond transmiss facil provid custom idd telephoni servic wholesal retail level wholesal custom telecom compani bui switch interconnect intern transmiss facil own exist facil base oper retail custom busi residenti end user intern voic telephoni servic provid intern privat leas circuit iplc hire facil base oper iplc intern facil made custom contract util intern transmiss capac purchas basi typic telephon oper retail busi custom high util present iplc provid charg half circuit unit kingdom bt mercuri provid uk termin notion half intern section distant correspond half circuit termin countri audioconferenc audioconferenc liber servic pursuant commiss direct eec june competit market telecommun servic amend direct ec consist essenti suppli telephon confer involv comput manag system bridg telephon convers confer particip join confer facilit oper set automat bridg equip maintain audio volum clariti permit particip call confer confer oper prior confer call confer call pre arrang time call confer point view end user audioconferenc regard distinct relev market function demand substitut videoconferenc organ meet significantli expens user audioconferenc servic switch altern arrang respons small signific perman increas price servic parti activ provis audioconferenc servic unit kingdom mci indirectli wholli own subsidiari darom teleconferenc uk darom audioconferenc servic unit kingdom lesser extent europ relev geograph market intern voic telephoni servic parti activ provis intern voic telephoni servic licens oper intern facil oper respect countri mci recent grant intern facil licenc unit kingdom interest transatlant submarin cabl consum point view relev geograph market intern voic telephoni servic defin refer call traffic rout countri pair intern rout consid viabl demand substitut suppli side oper contact commiss possibl hub rout uk traffic countri viabl commerci possibl present exist system account rate proportion return expens direct rout distinct geograph market identifi intern rout compris origin bilater traffic countri concern opportun exist custom advantag price differenti pair countri call card callback servic time altern repres signific competit constraint domest incumb oper relev market assess propos merger uk market provis intern voic telephoni servic uk rout parti provid map show exist transatlant submarin cabl capac map princip cabl tat ptat tat tat tat carri traffic run unit kingdom east coast america cabl identifi relev assess propos merger audioconferenc notif parti present audioconferenc market nation level argu geograph scope relev market broader move broader scope respons commiss inquiri suggest market principl regard nation market sourc bulk audioconferenc take place nation market custom tend suppli primarili countri oper intern arrang unit state unit kingdom suppli audioconferenc servic requir dedic sale forc countri servic suppli custom gener purchas servic global internation audioconfer includ particip countri competit assess market share intern voic telephoni servic uk rout revenu uk custom ecu million bt account uk market outbound idd call uk rout mercuri traffic resel account term settlement paid correspond uk rout bt market share inbound traffic appear higher revenu ecu million repres market mercuri account remaind respect iplc bt market share mercuri account remaind share stabl past year bt enjoi strong posit domest market bt market share nation trunk amount revenu ecu billion uk nation privat circuit bt market share volum mercuri account remaind respect local loop bt revenu ecu billion account market high market share bt provis intern voic telephoni servic uk rout underpin current control local loop unit kingdom time lead invest requir develop local network bt current domin posit market remain place futur account rate regim bulk intern telephon call idd handl correspond basi intern oper involv process origin termin deliv call system determin settl requir level payment origin termin oper exchang intern call traffic account rate regim account rate negoti rate intern carrier premis idea carrier jointli provid intern telephon servic hand traffic half point countri account rate special form interconnect tariff treat intern traffic differ domest traffic effect bundl provis intern half circuit connect intern gatewai switch destin countri domest termin call carrier end account rate system origin devis time countri monopoli provid intern servic telecom market countri countri pair liber problem aris redress balanc relationship monopoli provid supplier intern telecom servic liber countri regulatori intervent place form proportion return parallel account arrang proportion return rule intern carrier liber countri enter oper agreement foreign correspond liber countri receiv alloc return traffic foreign correspond proportion amount traffic carrier send outbound foreign correspond parallel account requir carrier agre correspond termin price price charg correspond compet carrier origin countri amount paid origin oper termin oper complet call half account rate settlement rate practic oper set settlement rate ow call traffic balanc countri concern monei hand traffic flow greater direct case unit state unit kingdom call traffic flow unit kingdom return opposit direct net cash flow result oper termin traffic origin find settlement revenu origin telephon oper exceed settlement cost oblig pai termin outgo call time cost intern telecommun drop recent year sharpli result reduc cost switch transmiss technolog account rate gener fallen line fall underli cost collect charg end user set high cover notion settlement rate cost cost telecom oper side handl traffic rout regulatori framework impact develop competit propos merger take place context progress move nation regulatori regim full liber telecom market process recent stage unit kingdom govern decis open intern facil market issu intern facil licenc ifl januari grant carrier remov proportion return requir uk side side rule recent laid flexibl order feder commun commiss fcc carrier permit negoti altern settlement payment arrang deviat account rate regim foreign correspond countri satisfi effect competit opportun test eco adopt fcc case carrier demonstr deviat exist regim promot market orient price competit preclud abus market power foreign correspond rule provid order relev fcc author carrier negoti altern settlement arrang affect outbound inbound traffic rout demonstr term unreason discriminatori offer term discriminatori basi compet carrier result regulatori develop option exist intern carrier licens unit state unit kingdom provid telephoni servic countri end end basi termin call foreign end intern facil direct access unbundl function domest network foreign countri facil establish reason expect competit develop year rout unit state unit kingdom result regulatori framework consider uncertainti time frame market move exist regim account rate system genuin cost base termin charg respect worth prevail account rate regim incumb telephon oper incent move genuin cost base interconnect price present collect charg end user reflect notion settlement rate paid foreign termin carrier whilst settlement revenu incom traffic account account rate cost incumb telephon compani earn signific net revenu switch intern traffic uk rout true uk incumb exist traffic imbal carrier gener volum settlement inflow significantli larger settlement outpay correspond carrier net outflow settlement payment revenu return traffic leav collect charg end user base true cost process call lack incent current incumb move account rate system growth competit short medium term depend larg extent entri oper constrain factor access transatlant transmiss capac domest interconnect transatlant cabl capac local loop termin end kei relev respect account assess propos merger investig merger number competitor argu equal access impos unit kingdom condit approv merger competitor express opposit view argu current system constitut real barrier equal access impli custom make intern call dial number digit select long distanc carrier current regulatori framework bt carrier select default custom dial addit digit select carrier commiss conclud notifi merger impact difficulti competitor result uk regul number exist capac transatlant transmiss facil exist transatlant submarin cabl capac larg develop consortia telephon oper percentag interest cabl relat level contribut cost ventur time construct cabl consortium member purchas capac requir refer assign capac cabl built spare capac held common reserv member consortium capac assign subject agreement consortium member provid pai histor cost mainten servic charg respect share acquir capac common reserv consist circuit gener sold regulatori rule recent prevent telephon oper hold facil licenc end intern cabl meant circuit transit circuit direct exchang bilater idd traffic public switch network configur form match half circuit ownership circuit split facil oper end cabl oper possess relev intern facil licenc countri oper idd traffic exchang correspond basi altern outright ownership half circuit oper member origin cabl consortium half circuit leas assign form indefeas user iru recit uk transatlant rout uk oper eastern half circuit unit kingdom mid atlant match western half circuit own oper circuit ownership singl consortium member transit possibl liber foreign end altern leas iplc cabl brought servic imposs enter consortium equiti basi origin particip parti wish acquir access obtain exist incumb choic obtain access circuitri assign consortium member capac held common reserv order acquir assign capac configur match half circuit obtain agreement owner end relev half circuit half circuit leas typic period year longer period altern capac assign iru basi life cabl iru akin respect ownership gener provid equiti cabl confer vote relev manag committe cabl case end circuit own oper consent owner end end match half circuit assign parti wish obtain access capac held common reserv interced consortium member order capac assign member point iru assign parti mechan decis made price term agre fulli transpar avail capac transatlant cabl current ownership transatlant cabl capac bt mci amp largest owner cabl identifi relev assess part relev geograph market question capac bt mci prove complex eastern western end relev transatlant cabl import share exist capac alloc uk oper licens provid voic telephoni servic uk rout capac essenti transit purpos intermedi link carri traffic countri basi long term contract foreign end correspond turn impli neglig switch cost born capac alloc uk rout basi calcul made figur provid parti oper left consider bt own total alloc capac eastern end relev transatlant cabl mci amp mercuri carrier mf worldcom sprint western end bt entitl mci amp mf worldcom sprint mercuri data impli bt largest singl share capac eastern end mci bt largest owner western end parti confirm bt mci match capac bt mci circuit capac combin carri bt mci current uk traffic direct carrier amp capac correspond entireti current switch traffic uk rout argu calcul capac entitl uk rout exclud capac acquir transit purpos carri traffic termin correspond countri unit kingdom unit state capac cabl land countri unit kingdom capac assign rout relev transatlant cabl land point countri unit kingdom franc spain ireland circuit bought carri traffic specif rout confirm respons major competitor unlik cabl circuit bought tat franc rout principl util uk traffic subject consent consortium member specif configur cabl design ring system unit state unit kingdom franc traffic rout round ring issu transit capac difficult parti overlap capac made circuit recent acquir tat unus unlik transit capac own uk oper capac principl alloc uk rout parti incur signific switch cost case capac parti claim reserv transit left similar deduct made parti major competitor uk rout propos merger result overlap eastern end capac mbit circuit estim total mbit circuit overwhelm part tat signific reinforc strong posit held bt data provid parti date notif suffici unalloc capac tat accommod newli licens oper unit kingdom alloc round tat place januari bt mci bought signific amount capac mbit circuit consortium member amp bought capac percentag ownership cabl acquisit scale suffici provok complaint prospect oper recent grant intern facil licens uk virtual left oper cabl design capac cabl total capac relev transatlant cabl remain unassign outstand request consortium member tat includ bt mci greatli exce amount common reserv capac make difficult oper enter market parti contend irrespect adequ spare capac exist cabl larg amount addit capac made result prospect upgrad tat introduct transmiss technolog doubl system current capac come stream cabl plan gemini cabl ventur mf cabl amp wireless expect doubl total exist transatlant capac notwithstand expect capac develop consortium member option alloc extra capac result upgrad tat addit capac result upgrad tat full entri servic gemini cabl end question remain suffici pace continu increas demand gener consensu demand cabl capac set rise respond expect due extrem high capac requir internet commun larg number prospect entrant forthcom liber european telecom market addit capac insuffici offer temporari relief recal tat enter full servic begin month request addit alloc exist oper exhaust virtual remain capac cabl entri facil oper market intern voic telephoni servic uk rout larg extent depend cost term suffici capac made incumb carrier parti concern specif oblig releas capac refus felt need capac domest interconnect transatlant cabl capac local loop termin traffic carri intern cabl pass cabl head facil end order termin countri concern backhaul facil intern call run cabl land station suitabl point interconnect domest network local network local loop final deliveri intern call present charg oper settlement rate system cost base charg agre termin call origin abroad reflect tradit market structur intern call nation base monopoli carrier agre termin traffic unit kingdom grant intern facil licenc encourag competit area move cost base termin commun direct forc area direct european parliament council decemb applic open network provis onp voic telephoni direct ec set specif rule ensur reason request interconnect met basi discriminatori proportion transpar term condit rule member state establish directli condit requir interconnect commerci negoti lead agreement reason period ensur cost account system oper regard provis voic telephoni public telecommun network identifi cost element relev price interconnect offer bt oblig licenc unit kingdom publish separ account busi activ includ interconnect servic oblig publish thing cost orient charg interconnect servic cost charg deriv bt oblig provid oper access cabl land station interconnect switch network cost base term bt subject undu discrimin fair trade condit licenc access bt facil provid term oper bt access servic oftel uk telecomun regul set interconnect charg bt servic licens uk network isr oper charg set fulli alloc cost basi futur anticip octob bt set charg defin framework bt interconnect charg base long run increment cost effect competit servic subject price cap oftel set initi rate subject price cap reduc real charg year reflect expect effici improv framework basket interconnect servic establish call termin strictli regul bottleneck servic separ basket servic span handov custom site handov subject separ price cap relat backhaul price base droit de passag price compar price offer inland privat circuit separ price offer backhaul market month oftel monitor price offer bt close entranc altern backhaul provid market energi mf make reason expect competit suppli facil develop respons increas demand newli licens oper intern voic telephoni market impact merger bring bt mci cabl capac uk rout merger provid parti possibl carri transatlant traffic end end connect own merg entiti intern settlement payment traffic bt mci send correspond basi benefit effici transmiss capac allow time zone differ unit state unit kingdom possibl present exist competitor uk rout signific outbound traffic unit kingdom larg traffic volum intern settlement payment parti cost structur easili replic decis open phase investig present case commiss doubt possibl lead hub traffic divers europ rout weaken competit posit bt competitor unit kingdom phase enquiri shown precis pattern traffic divers depend reaction competitor establish certainti undertak submit parti part vi facilit carrier issu traffic divers analys principl move account rate regim system cost orient termin charg consid posit develop competit provid suffici competit constraint make consum benefit lower charg bt mci combin posit uk cabl capac bt posit gener outbound traffic unit kingdom merg entiti posit prevent incumb provid end end servic signific volum traffic merg entiti prevent develop suffici competit constraint uk rout expect benefit pass consum intern voic telephoni servic unit kingdom due fact bt domin posit market intern voic telephoni servic uk rout carrier transatlant cabl capac made western half circuit match bt eastern end bt consent requir order obtain circuit swap part western capac bt relev half circuit western half circuit match uk correspond commerci agreement capac owner reach time requir reconfigur depend larg extent bt willing cooper exist account rate regim gener incent incumb oper move cost base termin rate earn signific revenu set collect charg end user higher true cost process call reason argu market intern telephoni servic uk rout pace competit expect place benefit lower provis cost pass consum depend larg extent entri intern facil oper order gain market share offer attract collect rate custom incumb carrier pass account rate system negoti cost base termin charg foreign oper find wai facil license unit kingdom activ busi intern simpl resal isr provid servic wholesal level domest network oper larg retail busi custom author intern rout includ uk hire iplc bt mercuri carri traffic line privat circuit isr oper pass account rate regim enabl offer rate incumb facil base oper iplc provid retail cost basi make significantli expens iru capac access iru capac reason term condit appear essenti requir permit entri ifl oper full develop competit uk market intern telephoni servic illustr capac shortag exist transmiss facil unit kingdom usa substanti uncertainti addit capac plan cabl suffici accomod rapidli increas demand context parti capac entitl uk end exist transatlant cabl propos merger notifi commiss strengthen bt domin posit market intern voic telephoni servic uk rout reinforc result parti increas control cabl capac uniqu posit correspond exist competitor combin bt mci cabl capac merg entiti restrict control entri opportun prospect oper notifi merger enabl bt weaken significantli develop effect competit constraint market behaviour provis intern voic telephoni servic uk rout undertak submit parti part vi make overlap transatlant cabl capac result merger eas establish competitor remov competit concern outlin audioconferenc bt mci darom compet unit kingdom suppli audioconferenc servic darom oper commun germani franc ireland darom main revenu commun gener unit kingdom darom subcontract servic mercuri revenu account addit total uk market parti estim bt market share unit kingdom commun estim mci share unit kingdom commun combin market share bt mci provis audioconferenc unit kingdom present pictur gt tabl gt competitor account market share exceed combin share bt mci grow significantli year reach level parti stress figur repres estim reliabl figur total market independ accuraci figur clear notifi merger lead combin main competitor market remain supplier account small fraction combin bt darom sale barrier entri parti argu notifi transact creat reinforc domin posit suppli audioconferenc servic unit kingdom market immatur grow high rate year tabl recit show market doubl period high growth attract entri barrier low parti respect exclus distribut plai signific role market invest start audioconferenc busi low exist regulatori control unit kingdom prevent merg entiti discrimin potenti competitor term grant access basic servic commiss inquiri confirm invest set audioconferenc busi limit small start compani total fix asset worth million term equip basic bridg requir cost audioconferenc premis equip custom site conclud invest equip main obstacl enter market market sourc fact audioconferenc market expand high rate make entri easier market grow basic reason increas audioconferenc servic establish custom reason increas number custom sourc render entri difficult entrant make bt darom custom switch unproven supplier invest requir low barrier entri import audioconferenc softwar servic led hardwar technolog led context reput proven record incumb prove difficult challeng audioconferenc servic typic repres fraction cost telecommun servic revenu audioconferenc aris invoic client servic manag monitor audioconfer servic oper typic suppli minut tape record audioconfer call minut particip audioconfer revenu aris minut traffic revert telecommun oper own line call made audioconfer servic provid make difficult entrant gener suffici revenu make entri attract strong posit combin bt darom entiti account market make difficult entrant gener minimum revenu profit appear barrier entri substanti effect prevent entri suffici scale compet merg bt darom oper notifi creat reinforc domin posit provis audioconferenc servic unit kingdom undertak submit parti part vi darom divest effect address competit concern outlin preced paragraph vi undertak submit parti order resolv concern rais commiss propos merger impact competit parti offer enter commit cabl capac uk eastern end commiss concern context uk intern direct dial quot idd quot intern privat leas circuit quot iplc quot servic potenti bottleneck eastern end transatlant cabl carri servic unit state unit kingdom order achiev clearanc propos concentr quot merger quot british telecommun plc quot bt quot mci commun corpor quot mci quot notifi parti undertak month date commiss decis clear merger number circuit repres parti current quot overlap quot capac design provid servic unit kingdom unit state made delai sale tat eastern half full circuit basi indefeas user quot iru quot basi intern facil oper quot ifl oper quot unit kingdom appli mbit circuit event addit quot overlap quot capac acquir remain design capac tat alloc owner june number circuit repres addit overlap made delai sale iru basi circuit made accord paragraph sold discriminatori cost basi agre offic telecommun quot oftel quot base sum capit cost capac interest mainten charg bt share tat consortium profit made sell capac price modern equival asset valuat bt appli formula time basi agre oftel circuit refer paragraph offer sale prioriti uk ifl oper owner affili owner tat uk ifl oper owner affili owner tat exist ownership interest exce design capac system understand capac design transit event offer capac fulli decemb made oper basi agre commiss convert bt uk iplc eastern end half circuit intern simpl resal quot isr quot iru request isr oper appli equival half circuit bt undertak convert iplc iru manner isr oper ifl oper financi posit iplc schedul termin date convers take place sell correspond uk affili request delai eastern end match half circuit own bt joint provis idd iplc servic correspond appli half circuit request commiss submit report statu implement undertak includ uk capac tat transfer eastern end capac accord bt uk licenc condit subject supervis uk independ regulatori author oftel audioconferenc commiss express concern combin share result audioconferenc busi bt mci uk merg parti agre arrang divest audioconferenc busi carri darom uk quot busi quot concern basi parti effect complet merger effort arrang sale busi fair market includ asset intellectu properti right requir current oper parti maintain busi legal separ entiti oper manner enabl maintain viabil market pend sale final dispos prior sale busi parti hold separ busi audioconferenc busi bt uk structur busi date sale undertaken parti week parti inform commiss propos chang commiss explicitli oppos propos chang write prior sale busi parti ensur busi manag separ audioconferenc busi bt unit kingdom separ manag parti appoint employe bt audioconferenc busi manag busi parti ensur audioconferenc busi bt obtain busi secret relat busi parti practic receipt commiss decis clear merger submit commiss list nomin account firm invest bank firm bank appoint subject approv commiss independ expert expert commiss request report commiss parti parti compli subparagraph date complet merger quot stage quot busi sold parti appoint subject approv commiss truste relat busi truste expert appoint accord subparagraph term appoint truste effort sell busi fair market term agre parti commiss end stage quot stage quot truste sold busi accord subparagraph end stage truste oblig sell busi price obtain end stage remain term condit truste appoint continu appli parti truste case notifi commiss write ident propos purchas busi work dai receipt notif commiss inform parti write contrari propos purchas deem accept commiss gener matter commit ceas effect merger complet overlap capac increment eastern end capac acquir merg entiti result acquisit mci capac capac termin unit kingdom design extens countri capac termin countri design extens unit kingdom exclud delet busi secret delet busi secret delet busi secret delet busi secret vii assess undertak cabl capac unit kingdom unit state eastern end commit offer parti regard current prospect overlap capac tat suffici entri ifl oper price bt true cost purchas capac cabl consortium tat newest largest transatlant cabl unit kingdom unit state capac cabl cheaper cabl order ascend cost rout parti capac tat made request circuit basi eas entri prospect competitor necessarili pai call termin charg correspond end persuad correspond offer cost base termin rate sell iru match half circuit facil licenc holder activ resel recent year telecom compani practis isr effect competit challeng bt mercuri duopoli unit kingdom resel oper hire iplc bt mercuri retail price inevit limit competit impact market behaviour incumb facil base oper present face problem entrant seek cost base facil capac problem exacerb financi burden exist iplc continu pai face penalti earli cancel bt commit isr convert exist iplc iru term condit illustr address problem enabl compani transform leas line cost base facil network final parti exist competitor principl decid respond merger arrang traffic flow order bt mci enhanc competit posit prevent long carrier exist half circuit remain configur bt eastern end present simpl technic point view reconfigur circuit order longer match bt requir bt consent readili forthcom altern acquir capac cabl stream offer bt correspond reconfigur half circuit match bt eastern end increas speed competitor access end end transatlant circuit order correspond chang exist correspond relationship uk rout effect commit submit parti cabl capac made entrant ii establish incumb access cabl capac posit correspond uk rout reinforc domin posit aris notifi merger effect remov commit audioconferenc parti commit arrang divestitur darom impli concentr suppli audioconferenc servic unit kingdom aris notifi oper addit sale market share pre merger posit bt audioconferenc busi uk reason commiss consid parti undertak provid properli discharg serv address competit concern outlin ensur propos merger result reinforc bt domin posit market intern voic telephoni servic uk rout creation reinforc domin posit merg entiti uk market audioconferenc servic commiss monitor implement undertak request report accord paragraph parti undertak viii conclus concentr notifi bt mci decemb relat full merger notifi parti declar compat common market function eea agreement subject condit full complianc commit made parti undertak commiss respect current prospect capac entitl submarin transatlant cabl darom audioconferenc busi set recit decis adopt decis articl concentr notifi bt mci decemb relat full merger respect busi declar compat common market function eea agreement subject condit full complianc commit made parti undertak commiss set recit decis articl decis address british telecommun plc newgat street london ec aj unit kingdom mci commun corpor pennsylvania avenu nw washington dc usa brussel commiss karel van miert member commiss oj correct version oj oj oj oj oj publish version decis inform omit figur replac rang pursuant provis articl regul eec disclosur busi secret fcc fourth report order matter intern account rate adopt novemb delet busi secret delet busi secret oj