Future Tech

Italy's antitrust approves with conditions Nexi's merger with SIA

Tan KW
Publish date: Fri, 15 Oct 2021, 07:12 AM
Tan KW
0 464,889
Future Tech

MILAN - Italy's antitrust authority said on Thursday it gave its green light to Nexi's planned acquisition of smaller rival SIA but imposed some conditions on the two groups.

Last month Italy's competition watchdog said it had opened an investigation into Nexi's merger with SIA, citing antitrust concerns in the country's digital payments industry.

Italy's watchdog added that the measures imposed aimed at avoiding discriminations and granting efficiency to any potential new players in the sector.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment