PARIS — Britain’s competition regulator issued a negative assessment of the proposed merger of Viasat and Inmarsat, saying the combined company would have a dominant position in the passenger in-flight-connectivity market and asking the two companies to demonstrate, by Oct. 13, why this assessment is wrong.
Absent a persuasive new case made by Viasat-Inmarsat, the Competition and Markets Authority (CMA) said it would move to an in-depth Phase 2 investigation of the transaction, which could take months.
The CMA . . .
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