The UK Competition Authority agrees to fast track review of the country's 2 largest equity crowdfunding platforms (Crowdcube / Seedrs)

Competition Authority, UK

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12 Nov 2020

The UK Competition Authority agrees to fast track review of the country’s 2 largest equity crowdfunding platforms (Crowdcube / Seedrs)

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Reference

UK Competition Authority, Crowdcube / Seedrs, Press release, 12 November 2020

Crowdcube/Seedrs deal fast tracked to in-depth CMA investigation* The CMA has agreed to ‘fast track’ the anticipated merger of Crowdcube and Seedrs to an in-depth Phase 2 investigation, after finding likely competition concerns. Crowdcube Limited (Crowdcube) and Seedrs Limited (Seedrs) are the 2 largest equity crowdfunding platforms in the UK. Equity crowdfunding platforms connect small and medium-sized enterprises (SMEs) looking to raise capital equity

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UK Competition Authority
UK Competition & Markets Authority - CMA (London)

United Kingdom 350 contributions 87858 visits

Quotation

UK Competition Authority, The UK Competition Authority agrees to fast track review of the country’s 2 largest equity crowdfunding platforms (Crowdcube / Seedrs), 12 November 2020, e-Competitions Mergers & Acquisitions in online platforms, Art. N° 98018

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