Merging Networks, Diverging Practices: The CMA’s Gamble on Investment Promises & Price Caps in Vodafone/Three
JD Supra: Mergers
DECEMBER 19, 2024
Following an in-depth Phase II review process lasting almost 14 months from when the CMA launched its preliminary invitation to comment, on 5 December 2024, the CMA conditionally approved the combination of the parties UK businesses into a joint venture. In high-level terms, the impact of this transaction will be to reduce the number of mobile network operators (MNOs) in the UK from four to three.
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