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October 28, 2015

UK watchdog gives BT and EE’s merger the go-ahead

by John_A

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BT’s £12.5 billion acquisition of EE cleared a big hurdle today after the UK’s competition watchdog agreed to provisionally clear the deal. The Competition & Markets Authority (CMA) said today that after considering whether a union between the two companies would impact mobile, fixed line and broadband services, the merger was “not expected to result in a substantial lessening of competition in any market in the UK.”

Source: Gov.uk, CMA Provisional Findings (PDF)

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