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UK Competition Authority Probing PayPal's $2B iZettle Deal

By Matt Bernardini (September 20, 2018, 5:14 PM EDT) -- The U.K.'s competition watchdog said Wednesday it had opened an investigation into PayPal Holdings Inc.'s $2.2 billion purchase of Sweden's iZettle, a payments platform that boasts nearly a half-million merchants across 11 international markets, and restricted some activity by the businesses in the U.K. market....

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