British CNMC expands investigation into the merger between Vodafone and 3

The UK Competition and Markets Authority (CMA) reported today that it has taken another step The investigation will be expanded The proposed merger between the two mobile phone companies, Vodafonte and 3 (Owned by CK Hutschison). Their fear hurts consumers.

British Vodafone Group and Hong Kong company CK Hutchison Holdings announced on June 14, 2023 the merger of their businesses into… UK, Vodafone UK and Three UK, In an operation worth £15,000 million (€17,500 million).

According to his plan, which would lead to the emergence of the largest mobile operator in this country, Vodafone will retain 51% of the resulting company, Which will bring together more than 11,500 employees and 27 million customers.

Analysis began in January

The British “Competition” indicated today in a statement that its analysis began last January The first conclusion was issued on March 22, It will enter the second phase, since the British and Hong Kong companies did not provide the necessary information by the April 2 deadline.

The reason for greater scrutiny is that the merger “It may result in a significant reduction in competition within one or more UK markets.” A committee of experts will now analyze all the details of the process and interested parties will be able to provide the required data.

In its decision on 22 March, the competition regulator concluded that a union of two of the UK’s big four operators could lead to “increased prices for citizens and reduced quality” of service. Mobile network operators in The UK territories are Vodafone UK, Three UK, BT/EE and Virgin Media O2.

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