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

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

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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.”

In a 15-page document, the CMA discusses the deciding factors in clearing the deal. It notes that even though BT has slowly rolled out its own mobile service (using EE’s network), the overall impact on the market would have been limited. The Authority also believes that the merger wouldn’t create opportunities that other providers, including Virgin Media, Vodafone, Sky, TalkTalk and others couldn’t replicate.

Read More/Source: Engadget

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