UK authority refers Vodafone-Three merger for in-depth probe
Britain's Competition and Markets Authority (CMA) has referred the proposed merger between British telecoms giant Vodafone Limited and CK Hutchison's Three UK, the parent company of which is headquartered in Hong Kong, to an in-depth probe. The UK regulator stated on Thursday that, based on the information currently available to it, there is a possibility that this merger may result in a substantial lessening of competition within one or more markets in the United Kingdom. On March 22, 2024, the