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Vodafone-Three merger could lead to higher prices

Merger of two of the UK's biggest mobile network providers could now face an in-depth investigation.

The proposed merger between Vodafone and Three could lead to "higher prices" and "reduced quality" for customers, the UK's competition watchdog says. But the Competition and Markets Authority's (CMA) deputy chief economic adviser Julie Bon said she had "identified concerns which could lead to higher prices for customers and lower investment in UK mobile networks. But Vodafone's UK chief executive, Ahmed Essam, defended the deal, saying it would allow the companies to create an operator with the scale required to take on market leaders BT/EE and Virgin Media-O2.

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