PayPal dismisses competition concerns after $2.2 billion takeover of iZettle

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The U.S.-based fintech giant secured the largest acquisition in its history when it closed the deal for Swedish payments firm iZettle in September. PayPal’s COO told CNBC Tuesday that the company was “engaging productively” with the CMA. PayPal PYPL has dismissed concerns that its $2.2 billion takeover of European technology start-up iZettle could lead to higher prices for payment services and reduce competition.

4 COMMENTS

    • overall this is nothing they will jump through these hoops and be back on top again, this iZettle deal for them is very big you know

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