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CMA threatens Xchanging with in-depth competition probe

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The Competition and Markets Authority has pledged to undertake an in-depth investigation of Xchanging’s acquisition of Agencyport unless the firm can address concerns of the deal’s impact on competition.

Xchanging completed a deal to acquire Agencyport in July this year, but the CMA raised concerns that it would cut the number of major suppliers of policy administration software from four to three

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