
UK competition regulator launches inquiry into SES & Intelsat merger
Anti-trust probe launched to explore ramifications of the $3.1 billion deal
Anti-trust probe launched to explore ramifications of the $3.1 billion deal
The UK's CMA fears the merger will lead to price hikes
It will take some convincing for the regulator to be fully onboard with the merger
Considering whether the transaction could lessen competition in the UK
EU antitrust regulator is also on-board
The deadline has been extended by two months
The merger is being scrutinized by the CMA currently
Says competition will suffer, while spectrum is unfairly in favor the new entity
Just the CMA to go now
Vodafone and Three welcome the in-depth investigation
Intends to initiate a Phase 2 investigation
First phase of investigation will last up to 40 working days
Price cap will remain in place to stop overcharging
The regulator wants input ahead of a formal investigation into the deal
The deal also received US approval last week
Follows a lengthy and in-depth probe into the deal