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.
