A PYMNTS Company

EU Antitrust Watchdog Probes Viasat’s Inmarsat Bid

By  |  February 13, 2023

EU antitrust regulators on Monday opened an in-depth investigation into US company Viasat’s bid for British satellite rival Inmarsat on concerns the $7.3 billion deal may reduce competition in the aviation connectivity market.

Related: EU Regulators To Rule On Viasat’s Inmarsat Takeover Next Month

“At this stage, the (European) Commission is therefore concerned that by acquiring Inmarsat, Viasat may reduce competition in the supply of broadband IFC services to commercial airlines in the EEA and/or globally,” the EU competition enforcer said in a statement.