We’re not sure how proud the European Commission will feel as it dawns on its senior technology executives that they may well have killed off their first incumbent telco in Europe – as the merger between Vodafone and Liberty Global begins to challenge KPN in the Netherlands in competition that looks terminal. We would have loved to have been a fly on the wall when this deal was announced at the European Commission, after its October 2014 approval of the Ziggo Liberty Global deal made it possible. A merger between Vodafone Netherlands and Ziggo immediately puts KPN on the defensive, will overnight increase both its capex and marketing spend and continue its revenue reduction at a rate likely to de-stabilize…