Vodafone’s £13 Billion Three Deal Gets In-Depth UK Probe (3)

Vodafone Group Plc’s planned merger with the UK unit of CK Hutchison Holdings Ltd.’s Three will now get an in-depth investigation from the country’s antitrust watchdog after it didn’t offer any remedies putting the £13 billion ($16.5 billion) deal in jeopardy.

The Competition and Markets Authority said on March 22 it was concerned that the deal creating the country’s largest mobile operator could hurt consumer choice, giving the firms a short deadline to offer up any proposals. The probe, which’ll run until mid-September could put the tie-up at risk should the firms continue to decline to offer any ...