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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

 

VW takes 4,000 cars off the UK market

2015-10-01 17:41:56| BBC News | Business | UK Edition

Volkswagen is suspending the sale of 4,000 vehicles in the UK as a result of the emissions scandal.

Tags: uk market cars takes

 
 

ITM Power, Symbio FCell and Arcola Energy partner to provide integrated package of fuel cell vehicles, fueling and support to UK fleet operators

2015-10-01 16:55:32| Green Car Congress

Tags: to support provide power

 

Asahi extends 66cl Asahi Super Dry in UK

2015-10-01 16:03:11| Daily beverage news and comment - from just-drinks.com

Asahi has identified a "large format sharing bottle" market in the UK for its Asahi Super Dry lager brand.

Tags: uk super dry extends

 

Electrification to resume on TransPennine and Midland Mainline lines in the UK

2015-10-01 01:00:00| Railway Technology

The UK Department for Transport (DfT) is to restart electrification work on the TransPennine and Midland Mainline (MML) railway lines.

Tags: the uk lines resume

 

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