In The News
CMA refers Bottomline/Experian merger
The CMA has referred the completed acquisition by Bottomline Technologies (de), Inc of Experian Limited’s Experian Payments Gateway business and related assets for an in-depth phase 2 merger investigation. The CMA considers that competition concerns may arise in relation to the provision of payments software used to submit direct debits, run payroll and pay suppliers. Click here.
CMA fines concrete drainage product suppliers £36 million
The CMA has issued fines of £36 million to three suppliers of concrete drainage products for building projects. The CMA found that the companies agreed to fix or coordinate their prices, shared the market by allocating customers and regularly exchanged competitively sensitive information. Click here.