Price hikes and reduced competition in virtual network space raised as major concerns
"Millions of people in the UK depend on effective competition in the mobile market in order to access the best deals for them," said Julie Bon, Phase 1 decision maker at the CMA.
"Our initial assessment of this deal has identified concerns which could lead to higher prices for customers and lower investment in UK mobile networks. These warrant an in-depth investigation unless Vodafone and Three can come forward with solutions."Unite the union claims Vodafone and Three merger is about 'corporate greed'
Vodafone and Three UK now have five days to put forward"meaningful solutions" or the Phase 2 probe will commence. "This transaction will create an operator with the scale required to take on BTEE and VMO2, give MVNOs greater choice in the wholesale market and is in the wider interests of customers, competition and the country."
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