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To: Anthony Wong who wrote (2797)	7/7/1998 8:18:00 AM
From: C. Allen	Read Replies (3) \| Respond to of 11568

Everyone: FYI E.U. Van Miert: MCI-WorldCom Merger Will Be OK'd Wed LISBON (Dow Jones)--European Union Competition Chief Karel Van Miert said Tuesday the planned $17 billion merger between U.S. telecommunications giants MCI Communications Corp. (MCIC) and Worldcom Inc. (WCOM) will get the E.U. regulatory go-ahead Wednesday. Van Miert told Dow Jones Newswires that MCI has agreed to divest all overlapping businesses, primarily the entire MCI Internet business. The E.U. conditions include retail level Internet assets, he said. "Tomorrow, the Commission will announce the green light," Van Miert said on the sidelines of a seminar on antitrust policy. "There is no problem any more on MCI," he said. Van Miert stressed that E.U. authorities have cooperated close with the U.S. Department of Justice, which is also looking into the planned merger. The link-up now awaits the conclusion of the U.S. antitrust investigation. -By Erik Burns; +351 931 265 020; eburns@ap.org