The UK Competition Authority decides that the merger between two online retail companies raises competition concerns (Adevinta / Gumtree)

Adevinta’s purchase of Gumtree raises competition concerns* The CMA has found that Adevinta’s anticipated £6.5bn ($9.2 billion) purchase of eCG from eBay could lead to higher prices and less choice for consumers. Adevinta and eBay Classified Group (eCG) both operate online classified advertising platforms in the UK. These websites - Adevinta’s Shpock and eCG’s Gumtree - allow people to buy and sell a broad range of used or new goods such as clothing, electronics and

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  • United Kingdom’s Competition Authority - CMA (London)

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UK Competition Authority, The UK Competition Authority decides that the merger between two online retail companies raises competition concerns (Adevinta / Gumtree), 16 February 2021, e-Competitions February 2021 - II, Art. N° 99353

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