RSS   Newsletter   Contact   Advertise with us

CMA requests review of Virgin and O2 merger

Christian Fernsby ▼ | October 9, 2020
The CMA has made a request to the European Commission to refer the proposed merger of Virgin Media and Virgin Mobile with O2 to the CMA for investigation.
Virgin Media
Virgin Mobile   Virgin Media
Liberty Global plc (Liberty) owns Virgin Media and Virgin Mobile in the UK, and Telefónica S.A. (Telefónica) owns O2. Liberty and Telefónica formally notified the planned merger of Virgin Media, Virgin Mobile and O2 to the European Commission (EC) on 30 September 2020.

Topics: Virgin

The proposed merger falls under the remit of the EC to review but can, subject to the agreement of the EC, be transferred to the Competition and Markets Authority (CMA).

The CMA believes that the case should be transferred given its potential impact on competition in several retail and wholesale telecommunication markets in the UK.

The legal requirements for the case to be transferred to the CMA are met, and any impact on competition will be limited solely to UK consumers.


 

MORE INSIDE POST