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Vodafone and Three merger investigated by UK’s CMA
The Computer and Markets Authority have commenced Phase 1 of their investigation into MergeCo.
During this 40-day period, the CMA will aim to ascertain whether the merger of these two phone giants will lead to a “substantial lessening of competition.” If watchdog officials do indeed find this, they may commence Phase 2 of the investigation process. Sarah Cardell, CEO of the CMA, said the following in a statement: “This deal would bring together two of the major players in the UK telecommunications market, which is critical to millions of everyday customers, businesses and the wider economy. She’s also appeared on BBC Radio 5 and The Guardian podcast to share her expertise on technology, influencers, and niche internet subcultures.
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