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Recently, the UK** reviewed the merger of Li Ka-shing's telecommunications company ThreeUK and Vodafone, which has attracted widespread attention. Behind this merger case is related to issues such as *** and anti-monopoly investigations, which has brought a certain amount of uncertainty to the relationship between China and the UK. And this series of events also makes people wonder why the United Kingdom, which was once known as the world's most open market, is now attacking Li Ka-shing. This article will analyze and describe this from several aspects.
Li Ka-shing's investment in the UK has exceeded 300 billion yuan, and he even won the Queen's Knight Medal. However, in the case of the merger of Vodafone and Li Ka-shing's 3UK, the issue of national security was involved. As a company headquartered in Hong Kong, China, CK Wo Group has strong ties with China. The UK is concerned that if the merger is approved, the UK's largest telecom operator will become a business controlled by a Chinese company, which could pose a potential risk to the UK.
In addition to ***'s considerations, the UK** also launched a review of the merger on the grounds of an antitrust investigation. They believe that the current British telecommunications market has formed a relatively balanced competition pattern, if the merger is passed, there will be only three telecom operators left in the market, which may lead to the first fee and other related *** is not conducive to market competition and consumer rights.
The Li Ka-shing family's investments in the UK are huge, involving electricity, telecommunications, natural gas**, water supply and other sectors. It has been reported that they hold nearly 1 4 of the UK's electricity distribution market, more than 40% of the telecommunications market, nearly 30% of the gas** market and nearly 7% of the water supply market. At the beginning, Li Ka-shing claimed to have bought half of the United Kingdom, with an investment of more than 300 billion yuan, which attracted widespread attention at the time.
However, the UK**'s investigation into the companies under the CK Wo Group did not happen overnight. As early as two years ago, the UK launched a number of investigations into CK Group's investments in the UK. Li Ka-shing has taken a series of measures to stabilize the situation, including additional investment and salary increases for British employees. However, Britain did not let go of this piece of fat and used Li Ka-shing as a new "cash machine".
The UK once boasted itself as the most open market in the world, attracting many foreign investments. Today's censorship of Li Ka-shing, however, has exposed protectionist tendencies in the UK. This "pig slaughter" tactic is reminiscent of the practices of India next door, and the UK appears to have borrowed from India's restrictions and repression on foreign business, causing global investors to question its integrity.
Under the pretext of an antitrust investigation, the UK tried to block the merger of Vodafone and 3UK. However, this argument seems far-fetched. Back in 2016, 3UK tried to merge with O2, the UK's second-largest telecom operator, but was blocked by the European Commission because of similar antitrust issues. And the merger of 3UK and O2 in the competitive situation at that time did not cause problems, but now it is suspected of being a "monopoly"? This undoubtedly feels unfair.
This article provides an analysis and description of the UK** review of Li Ka-shing. The review of the merger of Vodafone and Li Ka-shing's 3UK involves issues such as *** and antitrust investigations. The UK is concerned about the potential risks posed to telecom operators controlled by Chinese companies. At the same time, the United Kingdom is worried about unfavorable market competition and fees on the grounds of anti-monopoly investigations. However, these reasons sometimes seem far-fetched and call into question the integrity of the United Kingdom. At the same time, the UK's scrutiny of Li Ka-shing is not a one-time move, as early as two years ago, the UK launched a number of investigations into Cheung Wo Group's investments in the UK. The actions and tactics of the British** seem to have borrowed from the Indian next door"Pig Killing Plate"strategy, which has caused global investors to question its integrity. Finally, this paper does not evaluate the behavior of the United Kingdom**, but only describes and analyzes it from an objective point of view.
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