The U.K.’s antitrust regulator has delivered its provisional ruling in a longstanding battle to combine two of the country’s major telecommunication operators. The Competition and Markets Authority (CMA) says that Three and Vodafone’s planned $ 19 billion merger — announced 15 months ago — could lead to higher prices for consumers, diminished service such as […]
UK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B merger
The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The news comes some nine months after plans of the $ 19 billion deal first emerged, in a move that would effectively reduce the U.K.’s main mobile network operators […]