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CMA provisionally clears BT takeover of EE
2015-10-28 10:02:00| Telecompaper Headlines
(Telecompaper) The UK Competition and Markets Authority (CMA) has provisionally cleared the acquisition of EE by BT. After examining different markets - including the supply of retail mobile, wholesale mobile, mobile backhaul, wholesale broadband and retail fixed broadband services - the CMA has provisionally concluded that the merger is not expected to result in a substantial lessening of competition (SLC) in any market in the UK. John Wotton, Inquiry Chair, said that the UK retail mobile market is competitive and as BT is a smaller mobile operator, the merger is unlikely to have a significant effect on competition. In addition, the merger is unlikely to have a significant effect on competition in the retail broadband market, where EE is only a minor player. The CMA also examined ways in which the merged group might try to disadvantage rivals which it supplied with services. It has provisionally concluded that they would unlikely have both the ability and incentive to do so, and in others that the effects of their attempting to do so would be limited.
Kelsea Ballerini Picks Special Date for CMA Awards
2015-10-21 18:31:14| Chemicals - Topix.net
The gunman who allegedly shot and killed a New York City police officer has been identified as a 30-year-old who had prior offenses related to gang activity.Poli... -- Syrian President Bashar al-Assad made a surprise visit to Moscow Tuesday to meet with Russian President Vladimir Putin.The two leaders reportedly discussed the war... Syngenta AG on Wednesday said Chief Executive Mike Mack will leave the pesticide and seed maker at the end of October -- months after the Swiss company fought off a roughly $4... After a slow start to the season the Eustis-Farnam Knights are 4-3 going into Thursday's regular season finale against Alma.
Tags: date
special
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CMA requests UK review of 3 UK, O2 merger
2015-10-04 15:21:00| Telecompaper Headlines
(Telecompaper) The UK Competition and Markets Authority (CMA) has made a request to the EC to refer Hutchison's proposed takeover of Telefonica Europe to the CMA for investigation. Hutchison owns mobile network operator 3 UK, whilst Telefonica Europe owns O2 UK. The merger was formally notified to EC on11 September. Following consultation and preliminary analysis, the CMA believes that the deal threatens to significantly impact competition in the UK retail mobile and wholesale mobile markets. It also believes that the case should be referred to the CMA for investigation, and not the EC, because any impact on competition resulting from the merger will likely be limited to UK consumers. Taking its ongoing investigation of the BT/EE merger into account, the CMA believes that it would be more efficient for it to also investigate the 3 UK/O2 merger to avoid duplication and fragmentation. The CMA also received support from industry participants in making the request. The EC must make a decision on whether or not to refer the case by 30 October.
Tags: review
uk
requests
merger
UK telcos call for CMA to probe Openreach
2015-09-21 02:00:00| Total Telecom industry news
CEOs of Sky, TalkTalk, Vodafone UK sign open letter urging Ofcom to request in-depth investigation.
M&A Daily: The CMA Leaves No Stone Unturned
2015-08-12 23:36:41| Biotech - Topix.net
The UK Competition and Markets Authority/CMA has expressed concerns over the personal lubricant market as has been reported in the British press . Today, they announced that they are requiring Reckitt Benckiser to license the K-Y brand in the UK to a competitor for eight years in order for the company to be allowed to proceed with the acquisition of that product from Johnson & Johnson .
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