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German court throws Liberty Global takeover of KabelBW into doubt

Wochit 0:47 mins

A German higher regional court reversed an approval by the country's cartel office for Liberty Global's $4.2 billion acquisition of KabelBW, throwing the now-completed merger into doubt. Responding to Germans' unease over U.S. surveillance of the Internet, Chancellor Angela Merkel's cabinet agreed initial plans to boost European technology companies and make them a more favorable alternative to U.S. peers. With an election looming in less than six weeks, the government has come under pressure to do more to protect citizens' private data.

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