July 20, 2018 / 6:31 AM / 3 months ago

UK's market regulator says Experian-ClearScore deal may hurt competition

July 20 (Reuters) - UK’s competition regulator said on Friday Experian Plc’s deal to buy fellow credit data provider ClearScore may reduce competition in the market.

Experian and ClearScore - the top two providers of free credit score checking in the UK - have until next Friday to offer solutions to resolve the concerns, Britain's Competition and Markets Authority (CMA) said here

If CMA’s concerns are not resolved, the 275-million pound deal will be referred for an in-depth second round of investigation. (Reporting by Muvija M in Bengaluru Editing by Saumyadeb Chakrabarty)

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