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Reversal on GBT-CWT deal will hurt UK watchdog’s reputation, Berg-Hansen says

By Jon Menon ( February 26, 2025, 16:12 GMT | Insight) -- Norway’s Berg-Hansen has said the UK antitrust regulator's credibility and reputation will be damaged by its recent provisional approval for American Express Global Business Travel’s buyout of CWT Holdings. The CMA last week said it planned to clear the $570 million business travel agency deal in a reversal of its view in November. The move coincides with a government push for a lighter touch in merger control to encourage economic growth. Norway’s Berg-Hansen has heavily criticized the UK antitrust regulator for provisionally approving American Express Global Business Travel’s buyout of CWT Holdings, saying that the recent decision will harm its credibility and reputation....

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