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Comment: Liberty Global-Telefónica referral sets scene for lengthy UK probe

By Andrew Boyce ( November 19, 2020, 16:58 GMT | Comment) -- The transfer of Liberty Global’s Telefónica deal review from the EU to the UK, confirmed today, marks a clear increase in the regulatory risk ahead for the companies' planned joint venture. The Competition and Markets Authority has shown increased assertiveness in recent mergers, and has already outlined a handful of objections. The JV, which looked set for a relatively straightforward EU clearance, may now face a tougher test.The transfer of Liberty Global’s Telefónica deal review from the EU to the UK, confirmed today, marks a clear increase in the regulatory risk ahead for the companies' planned joint venture....

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