Competition Watchdog To Probe Fintech Merger
Law360, London (November 19, 2019, 1:47 PM GMT) -- Britain’s antitrust watchdog is probing whether the completed merger of two companies that provide technology platforms to wealth managers will reduce competition in U.K. markets.
The Competition and Markets Authority said on Monday that it has launched an investigation into the acquisition by Scottish technology provider FNZ (Australia) Bidco Pty Ltd. of GBST Holdings Ltd., a financial technology company based in Brisbane, Australia.
FNZ, which is based in Edinburgh, said on Nov. 6 that it had finished its takeover of Australian-listed GBST. But the competition watchdog said in an enforcement order dated Nov. 14 that it will review whether the merged...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!