REG - Competition and Mkts - Merger Update: Vodafone/CK Hutchison JV

VodafoneAnnouncement

04/04/2024 08:15

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RNS Number : 9777I  Competition and Markets Authority  04 April 2024

Reference to a Phase 2 investigation: Vodafone/CK Hutchison JV

On 22 March 2024, the CMA decided that it was or may be the case that the
above Merger may be expected to result in a substantial lessening of
competition (SLC) within a market or markets in the United Kingdom.

Pursuant to section 73A(1) of the Act, the Parties had until 2 April 2024 to
offer an undertaking to the CMA that might be accepted by the CMA under
section 73(2) of the Enterprise Act 2004 (the Act). On 28 March 2024, the
Parties informed the CMA that they would not be offering any undertakings.
 The CMA has therefore decided to refer this Merger for a phase 2
investigation pursuant to sections 33 and 34ZA(2) of the Act.

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