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Wednesday, October 28, 2015

Competition watchdog clears BT's £12.5bn takeover of EE

Competition watchdog clears BT's £12.5bn takeover of EE:

"John Wooton, chair of the CMA inquiry, said: "We provisionally think that the retail mobile market in the UK, with four main mobile providers and a substantial number of smaller operators, is competitive."

"The group does not provisionally believe that, in a dynamic and evolving sector, it is more likely than not that BT/EE will be able to use its position to damage competition or the interests of consumers."

 The CMA pointed out that EE is a relatively small player in the fixed-line broadband market, while BT is currently a relatively small mobile player." 'via Blog this'

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