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

Competition Authority, UK

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16 Feb 2021

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

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Reference

UK Competition Authority, Adevinta / Gumtree, Press release, 16 February 2021

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

United Kingdom 351 contributions 88428 visits

Quotation

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 Mergers & Acquisitions in online platforms, Art. N° 99353

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