CMA Calls for Significant Competition Review of Three UK and O2 Deal

By GIXnews

The £10.25bn Hutchison Whampoa (Three UK) deal to buy O2 from debt-laden Telefonica looks set to face a big hurdle after the Competition and Markets Authority preliminarily ruled that the “transaction threatens to significantly [affect] competition” in the United Kingdom’s mobile market. The two operators originally reached a “definitive agreement” in March 2015 (here), although the deal was always […]

Read more here:: ISPreview