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3 UK wants regulators to block mobile wallet JV

Thursday 8 September 2011 | 10:41 CET | News
3 UK is calling on British and European regulators to block the proposed mobile payments JV between rivals Vodafone, O2 and Everything Everywhere on competition grounds, reports the Financial Times. 3 UK claims that it was frozen out the industry-wide agreement to promote mobile wallet payments, insisting that it was never invited to join. 3 UK's regulatory affairs director Stephen Lerner called on Brussels to block the deal, arguing that it would harm competition and innovation. In a joint statement, O2, Vodafone and Everything Everywhere denied that their plan was anti-competitive. They

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Categories: Mobile & Wireless
Companies: 3 UK / Everything Everywhere / O2 / Vodafone
Countries: Europe / United Kingdom
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