Thursday, 21 September 2017

UK competition watchdog says 3UK/O2 deal may cause 'long-term damage'

By Nick Wood, Total Telecom
Monday 11 April 16

CMA says proposed remedies fall short of protecting consumers; consultant warns blocking consolidation will hamper Europe's 5G efforts.

The U.K.'s Competition and Markets Authority (CMA) issued a stern warning about 3UK's proposed merger with O2 to the European Commission on Monday, claiming that the tie-up could cause long-term damage to the mobile market. In a letter addressed to EC competition commissioner Margrethe Vestager, CMA chief executive Alex Chisholm said that the remedies offered by 3UK parent CK Hutchison &quot…

The U.K.'s Competition and Markets Authority (CMA) issued a stern warning about 3UK's proposed merger with O2 to the European Commission on Monday, claiming that the tie-up could cause long-term damage to the mobile market. In a letter addressed to EC competition commissioner Margrethe Vestager, CMA chief executive Alex Chisholm said that the remedies offered by 3UK parent CK Hutchison &quot…

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