UK competition authority to consider Paddy Power, Betfair deal

A decision on the proposed merger of the two gaming companies is expected on January 7

The CMA is considering the proposed merger of Paddy Power and Betfair

The UK Competition and Markets Authority (CMA) has said it is considering the proposed merger of Paddy Power and Betfair, with a decision on the deal expected on January 7.

The CMA will consider whether the combination of the two companies will result in a substantial lessening of competition in the UK for goods or services.

The two companies plan to merge in a deal which will create the world's biggest publicly-listed online ...