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[ Thu, Mar 06th 2025 ]: Axios
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UK antitrust regulator to reopen Spreadex-Sporting Index deal probe

The UK's Competition and Markets Authority (CMA) has decided to reopen its investigation into the acquisition of Sporting Index by Spreadex, a deal initially announced in November 2022. The CMA had previously cleared the merger in May but is now re-examining it due to concerns that the merger could lead to a substantial lessening of competition in the market for financial spread betting and sports spread betting in the UK. This decision follows a request from Spreadex to review new evidence that was not considered in the initial investigation. The CMA has set a deadline of 20 December 2023 to make its final decision on whether the merger should proceed or if further action is required.

Read the Full Reuters Article at:
[ https://www.msn.com/en-gb/money/financial-regulation/uk-antitrust-regulator-to-reopen-spreadex-sporting-index-deal-probe/ar-AA1AkaS4 ]