A PYMNTS Company

UK: Regulator may accept proposed remedies for Mastercard takeover of Vocalink

 |  February 15, 2017

Britain’s competition watchdog said on Wednesday that Mastercard’s proposals might be acceptable in addressing its concerns over the acquisition of payments processing company Vocalink.

The Competition and Markets Authority said it had until March 15 to consider whether to accept the proposed undertakings, although it may decide to extend this deadline by two months if it decides that there are special reasons for doing so.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.