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CMA requests UK review of 3 UK, O2 merger

Sunday 4 October 2015 | 15:21 CET | News
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The UK Competition and Markets Authority (CMA) has made a request to the EC to refer Hutchison's proposed takeover of Telefonica Europe to the CMA for investigation. Hutchison owns mobile network operator 3 UK, whilst Telefonica Europe owns O2 UK. The merger was formally notified to EC on11 September. Following consultation and preliminary analysis, the CMA believes that the deal threatens to significantly impact competition in the UK retail mobile and wholesale mobile markets. It also believes that the case should be referred to the CMA for investigation, and not the EC, because any impact

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Categories: Mobile & Wireless
Companies: 3 UK / BT / EE / O2 UK / Telefonica
Countries: Europe / United Kingdom
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