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Evening Standard
Evening Standard
Business
Jonathan Prynn

CMA warns that merger of Vodafone and Three in the UK "will lead to higher prices"

Competition regulators have warned that the proposed £15 billion merger of the UK businesses of mobile operators Vodafone and Three will lead to higher prices for millions of customers.

In its provisional findings today the Competition and Markets Authority (CMA) said the combination of two of the four network providers in the UK “may be expected to result in a substantial lessening of competition” that could result in their 27 million subscribers having to pay more.

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