Tag: merger
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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…
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Vodafone/Three switcheroo: would the introduction of a different fourth player get the merger through?
If Vodafone and Three merge, it will be the first time that the UK telecoms market would have less than four network operators since Orange and One2One entered the market in the early 1990s. The CMA would nowadays be expected to block 4-to-3 mergers, especially where there is little chance of a new market entrant,…
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Amazon/iRobot: Does Amazon have an incentive to preference its own products?
We have previously posted about Amazon’s acquisition of the robot vacuum cleaner (“RVC”) brand, iRobot, for $1.7 billion. The case has now been cleared by the UK Competition and Markets Authority (“CMA”) at Phase 1, and referred to Phase 2 for an in-depth investigation by the European Commission. We therefore have another case of diverging…