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Comment: PayPal-iZettle review shows CMA approach to wrestling with 'killer acquisitions'

By Nicholas Hirst* ( June 13, 2019, 11:36 GMT | Comment) -- The UK's in-depth probe of PayPal's acquisition of Swedish unicorn iZettle shows the Competition and Markets Authority's increasingly forensic approach to mergers in the tech sector and potential "killer acquisitions." They paid particular attention to the deal's valuation and to PayPal's alternatives to buying iZettle. But PayPal said the CMA's approach risked undermining its predictability for merging parties.To critics of the UK’s merger rules calling for a major overhaul, the country's antitrust regulator appears to have a response: Just look at our review of PayPal's buyout of iZettle....

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