Amex GBT-CWT deal raises concerns, UK antitrust regulator says
( November 6, 2024, 14:16 GMT | Official Statement) -- MLex Summary: American Express Global Business Travel Group’s buyout of CWT has the potential to substantially harm competition, the UK antitrust regulator said in an interim report during an in-depth probe. The review is the first conducted under the Competition and Markets Authority’s revised phase II process, which provides a greater opportunity for engagement with the inquiry group, the CMA said.Statement follows....
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