{"id":125306,"date":"2020-11-20T11:19:28","date_gmt":"2020-11-20T11:19:28","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=302606"},"modified":"2020-11-20T11:19:28","modified_gmt":"2020-11-20T11:19:28","slug":"ec-cedes-control-of-02-virgin-media-deal-to-uk","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/11\/20\/ec-cedes-control-of-02-virgin-media-deal-to-uk\/","title":{"rendered":"EC cedes control of 02, Virgin Media deal to UK"},"content":{"rendered":"

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\tThe European Commission (EC) agreed to give the UK\u2019s Competition and Markets Authority (CMA) final authority over a proposed tie-up between Telefonica\u2019s O2 UK and Liberty Global\u2019s Virgin Media, after ruling the deal will affect competition in the country.<\/p>\n

In a statement, the EC said the merger, first announced in May 2020 [1], would be referred to the CMA following an overall assessment and the UK body will now deal with the case under national law.<\/p>\n

The EC\u2019s decision comes after the CMA had requested [2] last month to be given the authority to clear or reject the proposed merger, arguing it did not have implications anywhere other than the UK.<\/p>\n

Based on its assessment, the EC confirmed the proposed transaction threatened competition in the UK, where Telefonica and Liberty Global are currently large players.<\/p>\n

The EC is able to cede power over ruling on a transaction to national authorities under special circumstances when the member state requests it, the Commission explained.<\/p>\n

Deals in the UK are still subject to European Union (EU) law until 31 December, when the country leaves the internal market, the EC explained.<\/p>\n

Any implications of the deal, therefore, will be felt after the UK leaves the EU, giving the CMA more support in its bid to take control of the case.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/telefonica-liberty-global-agree-massive-uk-merger
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/uk-pushes-for-final-o2-virgin-media-call<\/p>\n\n

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<\/p>","protected":false},"excerpt":{"rendered":"

The European Commission (EC) agreed to give the UK\u2019s Competition and Markets Authority (CMA) final …<\/p>\n

The post EC cedes control of 02, Virgin Media deal to UK<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"EC cedes control of 02, Virgin Media deal to UK - ITTeacherITFreelance.hk","description":"The European Commission (EC) agreed to give the UK\u2019s Competition and Markets Authority (CMA) final ... The post EC cedes control of 02, Virgin Media deal to UK"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/125306"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=125306"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/125306\/revisions"}],"predecessor-version":[{"id":125307,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/125306\/revisions\/125307"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=125306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=125306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=125306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}