Editor’s Column: Mega-platform merger needs revamping

 

If you mention the acronyms FNZ, GBST and CMA to the average person on the Clapham Omnibus you would get a puzzled look and yet this story has profound implications for UK investors, for the platform sector and in reality for most of the UK population.

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FNZ-GBST merger blocked following CMA investigation

The Competition and Markets Authority has provisionally blocked the ‘mega-merger’ of platform providers FNZ and GBST due to concerns that the tie-up would hit competition and may lead to investors paying more.

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Tyrie to step down as CMA chairman

 

Lord Andrew Tyrie is to step down as chairman of the Competition and Markets Authority in September after two years in the role, the CMA has confirmed.

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CMA orders in-depth probe into FNZ/GBST merger

The Competition and Markets Authority has ordered an “in-depth” investigation into ‘platform engine’ FNZ’s purchase of competitor GBST.

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