Britain orders in-depth review of PayPal-iZettle deal

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The Competition and Markets Authority (CMA) said, PayPal had not resolved concerns about how the deal, PayPal’s biggest ever, could hurt competition and lead to higher prices, or a lower quality service, for customers in the UK mobile payments market. The regulator has also flagged concerns the merger could damage competition in the emerging market for “omni-channel” payment services, or single payment processing platforms that can work across all sales channels and devices.

4 COMMENTS

  1. The PayPal-iZettle does seem a little dodgy I think we are right to take a closer look at these deals coming into the UK from America.

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