Could Three-Vodafone UK merger lead to higher mobile prices?
MPs will question senior figures from Three and Vodafone, as well as regulatory experts, on the possible consequences for consumers of the two companies’ proposed merger. The session will focus primarily on the competition and consumer implications of the merger.
Meeting details
On 14 June 2023, Three and Vodafone’s UK businesses announced they intended to merge, to create a single 5G mobile network. The two companies say the deal could create economic benefits of up to £5 billion a year by 2030, but Unite the Union has raised concerns that the merger could lead to higher prices for consumers.
This evidence session will specifically explore the possible implications of the deal for competition in the sector, and hear evidence from competition experts on the main arguments for and against the merger. MPs are also likely to question Vodafone and Three on how the merged company would spend its proposed £11 billion investment over 10 years, and what measures they will take to prevent job losses.