Competition watchdogs have sparked dismay at BT’s rivals after they gave unconditional approval to the telecoms giant’s £12.5bn takeover of EE.
The Competition and Markets Authority gave clearance to the landmark deal, saying it the combination of Britain’s biggest broadband provider and its biggest mobile operator will not harm consumers. No intervention was required to protect consumers, it added.
The preliminary decision follows a four-month investigation during which rivals such as Sky, TalkTalk and Vodafone made a string of complaints over the potential impact on the market.
Vodafone said yesterday it disagreed with the CMA’s finding that it was unlikely that BT would have “both the ability and incentive” to harm competition. It claimed the merger will “negative impact on the market and the services available to millions of UK consumers and businesses” because of the established dominance of BT’s Openreach division in the market for connecting mobile masts together.
Full content: The Guardian
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
DOJ and FTC Introduce Website for Reporting Anti-Competitive Healthcare Practices
Apr 18, 2024 by
CPI
US Congress Advances Legislation to Compel TikTok Sale
Apr 18, 2024 by
CPI
UK Financial Sector Advocates Enhanced Regulatory Accountability
Apr 18, 2024 by
CPI
Google and All 50 States Defend $700 Million Consumer Settlement
Apr 18, 2024 by
CPI
Colorado Enacts First Law to Protect Consumer Brainwave Data
Apr 18, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI