Competitors have until March 18 to give initial views on £12.5 billion deal before launch of official CMA investigation
The UK Competition and Markets Authority has confirmed that it has invited rivals to make initial comments on EE’s £12.5 billion bid to buy EE prior to a formal investigation.
A spokesperson for the CMA confirmed it had issued letters to interested parties with a preliminary invitation to comment on the proposed takeover, which was confirmed on February 12.
Interested parties now have until March 18 to give feedback to the CMA before it launches any official investigation in to the deal.
A report in the Financial Times said that the CMA’s letter, which the newspaper claimed to have seen, highlighted several areas that may be of concern should BT and EE become a single operator.
These included how BT provides connections between mobile masts for rival network operators as well as the retail market for mobile and fixed voice, data and broadband services. It also mentioned potential triple-play and quad-play offerings as an area that may be of concern.