The Competition and Markets Authority (CMA) waved through the deal following an in-depth investigation, . The CMA concluding that concerns customers would see price hikes from the telecoms deal were unfounded. Officials had provisionally cleared the deal last month and on Thursday confirmed the tie-up, which was first announced a year ago. At the time the deal was announced, the companies said it would create a “full converged platform” for customers, and will mean an investment of £10 billion in the UK over the next five years. A Phase 2 investigation found that the deal was unlikely to lead to any substantial lessening of competition for a number of reasons, it said.
Virgin Media O2 £31bn merger given green light by watchdog
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UK s competition watchdog gives £31bn Virgin Media and O2 merger the seal of approval
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