UK Fast-Tracks Review Of $39B Liberty Global-Telefonica JV

Law360 (December 11, 2020, 6:31 PM EST) -- The U.K.'s competition enforcer granted a request Friday from Liberty Global PLC and Telefonica SA for a fast-tracked investigation into the planned $39 billion combination of their telecom businesses in the country.

The Competition and Markets Authority said in a statement it is launching a phase 2, in-depth probe of the deal, which would create a joint venture by merging Liberty Global's Virgin Media with Telefonica's O2 mobile provider, after the companies asked to expedite the review process.

"The CMA has today accepted this request given the deal's potential impact on competition in several telecommunication markets in the U.K., and the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!