Hutchison Whampoa’s £9.5bn acquisition of Telefónica UK will be a deciding factor in whether or not BT’s £12.5bn acquisition of EE is allowed to go ahead, according to the Competition and Markets Authority.
The CMA has published an extensive document revealing what issues its panel members will assess when evaluating the BT–EE deal, during which it will decide whether or not letting the purchase go ahead will damage competition.
“O2 and H3G are major players in the UK telecoms market, [so] we will consider the potential implications of the proposed merger and the European Commission’s investigation for the competitive conditions in the UK,” said the CMA in its document.
Full content: Tech Week Europe
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