Month: October 2024
-
The Vodafone/Three merger: the CMA seems inclined towards a gruelling remedy, but it’s not yet a done deal
The CMA never clears a merger on the basis of behavioural remedies. Such remedies do not deal with the source of the competition problem, they are susceptible to circumvention, they distort markets, and they are difficult to monitor. Everyone knows that. The CMA was so wedded to this principle that it was willing to die…