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    Home > Finance > UK regulator flags competition concerns again over Spreadex-Sporting Index deal
    Finance

    UK regulator flags competition concerns again over Spreadex-Sporting Index deal

    Published by Global Banking & Finance Review®

    Posted on June 5, 2025

    1 min read

    Last updated: January 23, 2026

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    Tags:CompetitionMergers and Acquisitions

    Quick Summary

    The UK's CMA has raised concerns about Spreadex's acquisition of Sporting Index, citing market control issues. Spreadex must respond by June 19.

    UK Competition Watchdog Raises Concerns Over Spreadex-Sporting Index Merger

    (Reuters) -Britain's competition watchdog on Thursday raised concerns once again over Spreadex's acquisition of Sporting Index's consumer arm, saying the companies together control 100% of UK's licensed online sports spread-betting market.

    The move comes after the Competition and Markets Authority (CMA) on March 5 decided to reopen its probe into the completed acquisition after the Competition Appeal Tribunal (CAT) overturned its previous decision.

    Last year, the CMA had asked Spreadex to sell the business it bought from Sporting Index in 2023 as it believed a combined entity would harm competition.

    But Spreadex appealed that order with the CAT, which upheld the appeal on March 4, prompting the regulator to re-examine the deal.

    Spreadex did not immediately respond to Reuters' request for comment.

    The company has until June 19 to respond with possible remedies, the CMA said.

    (Reporting by Raechel Thankam Job in Bengaluru; Editing by Shinjini Ganguli)

    Key Takeaways

    • •CMA raises concerns over Spreadex-Sporting Index merger.
    • •Companies control 100% of UK's online sports spread-betting market.
    • •CMA reopens probe after CAT overturns previous decision.
    • •Spreadex must respond by June 19 with possible remedies.
    • •Spreadex did not immediately comment on the CMA's concerns.

    Frequently Asked Questions about UK regulator flags competition concerns again over Spreadex-Sporting Index deal

    1What concerns did the CMA raise regarding the Spreadex deal?

    The CMA raised concerns that the acquisition would harm competition as the companies would control 100% of the UK's licensed consumer arm.

    2What prompted the CMA to reopen its investigation into the acquisition?

    The CMA reopened its investigation after the Competition Appeal Tribunal overturned its previous decision, allowing Spreadex to appeal the order to sell the business.

    3What is the deadline for Spreadex to respond to the CMA?

    Spreadex has until June 19 to respond with possible remedies to address the CMA's concerns.

    4How did Spreadex respond to the CMA's request for comment?

    Spreadex did not immediately respond to Reuters' request for comment regarding the acquisition.

    5What action did the CMA take last year regarding Spreadex?

    Last year, the CMA asked Spreadex to sell the business it acquired from Sporting Index, believing that the merger would negatively impact competition.

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