ECONOMY - FINANCE - BUSINESS / Competition

In-depth investigation by European Commission into proposed acquisition of Inmarsat by Viasat

Brussels, 13/02/2023 (Agence Europe)

The European Commission opened an in-depth investigation on Monday 13 February to assess the proposed acquisition of Inmarsat by Viasat under the EU Merger Regulation.

The European Commission is concerned that the transaction could allow Viasat to reduce competition in the market for the provision of broadband in-flight connectivity (‘IFC’) services to commercial airlines.

Viasat and Inmarsat are providers of satellite communication services. Viasat owns and operates four geostationary...