Nexfibre’s proposed £2 billion acquisition of rival Netomnia is under scrutiny by the UK Competition and Markets Authority (CMA). The CMA provisionally finds the deal could “substantially” lessen competition, particularly in the wholesale broadband market.
The outlets report that the CMA’s assessment is at the provisional stage, indicating the regulator has concerns but the outcome is not final. The reporting focuses on the potential impact on wholesale broadband customers and providers, where competition can be affected by changes in market structure and bargaining power. While the specific reasoning and mitigation options are not detailed in the provided excerpts, all sources point to the same central finding by the CMA.
