UK Competition Regulator Details Concerns Over Bottomline Deal

A jilted bidder for Experian’s corporate payments business has told the UK competition watchdog that it should have won the deal instead of Bottomline Technologies.

The $12.5m purchase of Experian’s payment gateway (EPG) by Bottomline’s UK subsidiary was stopped in its tracks in August by the Competition and Markets Authority (CMA), which issued a rare order to the parties to partially unwind while it probed its possible impact on competition.

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