CMA provisionally clears Virgin/O2 merger

The UK’s Competitions and Markets Authority (CMA) has provisionally cleared the proposed merger of Virgin Media and Virgin Mobile with O2.

Both Virgin and O2 provide certain wholesale services to other mobile network operators in the UK, as well as retail services to consumers. The CMA was clear at the outset of its in-depth inquiry that it was not concerned about overlapping retail services such as mobile, due to the small size of Virgin Mobile. It has therefore focused on whether the merger could lead to reduced competition in wholesale services as part of this review.

Source: CMA provisionally clears Virgin/O2 merger