 The Competition and Markets Authority CMA said it has referred the US7.3bn acquisition by US communications company Viasat, Inc. of its British rival Inmarsat for an in-depth Phase 2 investigation on concerns the merger could lead to a substantial lessening of competition in the UK. Responding to the regulators decision, Viasat and Inmarsat said in a statement that they look forward to working with the CMA to demonstrate how the planned combination of the companies will benefit customers by improving efficiencies, lowering costs, and increasing the availability of in-flight connectivity IFC around the world. 