CMA will probe further into Vodafone-Three mega merger
The planned merger between Vodafone and Three is set to face an “in-depth investigation” from the UK’s competition watchdog over fears the deal may negatively affect the market.
The Competition and Markets Authority (CMA) has confirmed it will be holding a further probe into the planned £15bn/$19bn merger.
In its announcement, the CMA said the action was taken after an examination of current information which it says brought it to the conclusion that the deal, “may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.”Vodafone-Three probe
The announcement follows a warning in March 2024 that the CMA was set to launch a further investigation into the deal unless Vodafone and Three could provide “meaningful solutions” to initial concerns surrounding the deal.
