SoftBank and DigitalBridge can merge their data center businesses in Europe

The European Commission has approved the merger of SoftBank and DigitalBridge's data center operations. This means the two companies can combine their assets and services in the European market.

Merger approvals like this one allow large companies to consolidate their market power. This can lead to fewer choices for customers or less competition in the data center sector. The decision clears the way for a larger, combined entity to operate across Europe.