July 7, 2020 / 11:59 AM / a month ago

BRIEF-UK's CMA Says Ion's Completed Purchase Of Broadway Technology Raises Competition Concerns

July 7 (Reuters) -

* UK’S CMA - HAS FOUND THAT ION’S COMPLETED PURCHASE OF BROADWAY TECHNOLOGY RAISES COMPETITION CONCERNS IN SUPPLY OF ELECTRONIC TRADING SYSTEMS.

* CMA - INVESTIGATION FOUND THAT ION/BROADWAY TECHNOLOGY DEAL COULD LEAD TO SIGNIFICANTLY REDUCED CHOICE OF SUPPLIER WITH POTENTIAL FOR HIGHER PRICES Source text for Eikon: Further company coverage: [ ]

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