3dafone latest merger news.

sc1999 — Thu, 02 Nov 2023 15:17:46 GMT

Latest on 3 - Vodafone merger. No surprise that EU regulators do not care as this is a UK only issue.

BRUSSELS (Reuters) - Vodafone (NASDAQ:VOD) and CK Hutchison's $19 billion mobile merger in Britain does not pose any competition concerns to EU antitrust regulators, according to a European Commission filing.

The companies sought approval from the EU competition enforcer for their bid to create the UK's biggest mobile operator on Oct. 30.

The Commission, which set a Dec. 6 deadline for its decision, is reviewing the deal under its simplified procedure.

It uses this procedures for mergers which are not likely to raise competition concerns and where clearance is a foregone conclusion.

The deal in contrast faces intense scrutiny from the UK's Competition and Markets Authority because it will reduce the number of networks from four to three, a threshold which regulators worry could reduce competition.

Re: 3dafone latest merger news.

GmanX — Fri, 03 Nov 2023 21:25:51 GMT

If Voda is going to die anyway we'd still be in a similar situation regarding numbers of networks.

Re: 3dafone latest merger news.

sc1999 — Sat, 04 Nov 2023 07:55:55 GMT

If Vodafone or 3 were put into administration the sky would go dark with vultures looking for a bargain.

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3dafone latest merger news.

Re: 3dafone latest merger news.

Re: 3dafone latest merger news.