Viasat-Inmarsat Acquisition: Balancing Competition in In-Flight Broadband Market
The proposed acquisition of Inmarsat by its rival Viasat is set to close imminently, following the approval from the European Commission. This clearance was the last major regulatory obstacle for the companies, who had announced the $7.3 billion cash, stock, and debt deal back in November 2021. The acquisition spurred concerns over competition in the…