Three UK opposes UK NFC joint venture and stands up for consumers
Three UK calls out the UK NFC joint venture anti-competitive plans and moves to block the partnership with the European Commission
The mobile network operator Three UK (Hutchison Whampoa) is seeking to block the UK NFC joint venture entered into by Vodafone, Orange, O2 and T-Mobile. The UK NFC joint venture plans to create, run and control a common mobile payment and advertising platform for retailers. Three is arguing that the companies’ influence in the market would result in high fees for consumers. Three UK is attempting to submit a formal complaint that requests that the European Commission blocks the UK NFC joint venture. Three said they were already in talks with the European Commission before formally applying for approval later this year. Three UK will only be able to lodge a formal complaint when that approval is given by the European Commission.
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