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Merger talk in Vodafone-Three internal documents given 'limited weight' in UK probe

By Jon Menon ( April 29, 2024, 17:12 GMT | Insight) -- Vodafone UK and Three’s discussions of their merger in internal documents weren’t relied upon by the antitrust regulator because the parties had built a narrative to gain regulatory and government support, according to filings. The Competition and Markets Authority referred the 15 billion-pound deal for an in-depth probe in March after raising potential competition concerns and today published the full text of the initial investigation decision.Vodafone UK and Three’s discussions of their merger in internal documents weren’t relied upon by the antitrust regulator because the parties had built a narrative to support the deal, the watchdog said....

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