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UK's CMA Found Nexfibre Acquisition Could Substantially Reduce Competition

The UK's Competition and Markets Authority (CMA) has found that Nexfibre's proposed acquisition of substantial assets could significantly reduce competition.

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06:07:51 AM UTC
SquawkNews
Britain's competition watchdog said on Thursday it had provisionally found that nexfibre's acquisition of Substantial, the owner of fibre broadband operator Netomnia, could substantially reduce competition in the wholesale supply of fixed broadband services.
06:27:24 AM UTC
SquawkNews
Britain's competition watchdog said on Friday it had provisionally found that Nexfibre's acquisition of fibre broadband operator Netomnia could substantially reduce competition in the wholesale supply of fixed broadband services.Nexfibre, a joint venture backed by Liberty Global, Telefonica and Inf…