UK Doing Phase-2 Review of Viasat/Inmarsat
The U.K.'s Competition and Markets Authority referred the proposed Viasat/Inmarsat deal to a phase 2 investigation, after its decision last week that the deal could hurt competition, the agency said Friday. The satellite operators said they will work with CMA…
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"to demonstrate how the planned combination of the companies will benefit customers by improving efficiencies, lowering costs, and increasing the availability of in-flight connectivity around the world." The $7.3 billion deal was announced in November (see 2111080038).