UK: BT’s £12.5bn merger with EE set to be finalised after six-month investigation
BT’s takeover of EE, Britain’s biggest mobile operator, should be cleared by the competition watchdog on Friday amid fears a telecoms giant would stifle the market and increase customers’ bills.
The landmark deal would create a communications behemoth that will provide mobile, fixed-line phones, broadband and TV to around 35m customers.
The Competition and Markets Authority (CMA) is widely expected to approve the merger, which affects 31pc of UK mobile customers, on Friday after six months of deliberations.
BT will take control of EE as two of its competitors, O2 and Three, also plan to unite in a shake-up that could shrink the UK mobile market to just three network operators. The European Commission is investigating O2’s plans in a separate inquiry, with an outcome due in the spring.
Full content: The Telegraph
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Booksellers Group Seeks to Support FTC in Antitrust Case Against Amazon
Jun 17, 2024 by
CPI
Air Incheon Emerges as Preferred Bidder for Asiana Airlines’ Cargo Business
Jun 17, 2024 by
CPI
Four Japanese Insurers Penalize Officials Over Price-Fixing Scandal
Jun 17, 2024 by
CPI
Sysco’s Meat Price-Fixing Settlement Enforceable, Federal Court Rules
Jun 17, 2024 by
CPI
Amazon Faces Class Action Lawsuit for Alleged Audiobook Market Monopoly
Jun 17, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Healthcare Antitrust
May 31, 2024 by
CPI
AI and Antitrust Considerations in U.S. Health Care
May 31, 2024 by
CPI
Uncertainty in the Bottom Line: New Antitrust Scrutiny and Enforcement in Private Equity Transactions
May 31, 2024 by
CPI
Effecting M&A Diligence When Competitors Are Involved
May 31, 2024 by
CPI
AI, Pharmaceutical Sector, and EU Competition Law and Policy: What Does the Future Look Like?
May 31, 2024 by
CPI