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Mastercard acquisition of VocaLink RSS
CMA considers Mastercard acquisition of VocaLink remedies
Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the deal. In particular, the CMA found that VocaLink and Mastercard are two of the three most credible providers of infrastructure services – which include software and hardware [...]
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Competition Authority slows Mastercard acquisition of VocaLink
The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and Cirrus, and has also bid to supply infrastructure services to UK interbank payment systems. VocaLink is a supplier of payment infrastructure services to three major UK [...]
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