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Viasat sees UK extend Inmarsat deal review, citing new evidence on changing markets (update*)

By Andrew Boyce ( March 28, 2023, 16:04 GMT | Insight) -- Viasat has seen the UK’s merger regulator add eight weeks to its review of the satellite maker’s acquisition of rival Inmarsat, due to the “scope and complexity” of the investigation and to weigh evidence received in response to its provisional findings. Some companies told the Competition and Markets Authority that it had overstated the role Starlink was likely to play in the market for passenger-flight Internet services in the near future, while the merging parties said recent developments showed how it was continuing to gain traction.Viasat has seen the UK’s merger regulator add eight weeks to its review of the satellite maker’s acquisition of rival Inmarsat, due to the “scope and complexity” of the investigation and to weigh evidence received in response to its provisional findings....

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