BRIEF-UK's CMA Says Parties Reiterate View Vodafone-Three UK Deal Will Not Raise Competition Concerns

Reuters11-15
BRIEF-UK's CMA Says Parties Reiterate View Vodafone-Three UK Deal Will Not Raise Competition Concerns

Nov 15 (Reuters) - UK's Competition and Markets Authority:

  • UK'S CMA: VODAFONE, THREE UK REMAIN FIRMLY OF VIEW DEAL WOULD NOT RESULT IN LESSENING OF COMPETITION IN RETAIL OR WHOLESALE MOBILE SERVICES MARKETS

  • UK'S CMA: PARTIES AGREE WITH CMA IT IS VITAL NETWORK COMMITMENT IS APPROPRIATELY DESIGNED TO ENSURE REMEDY IS EFFECTIVE, APPROPRIATE, PROPORTIONATE

  • CMA: PARTIES AGREE NETWORK COMMITMENT, SUPPORTED BY THE TIME LIMITED PROTECTIONS, LESS INTRUSIVE, MORE PROPORTIONATE REMEDY THAN PROHIBITION

Further company coverage: 0001.HK

((Reuters.Briefs@thomsonreuters.com;))

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