While the CMA unconditionally clears the vast majority of software deals at Phase I, 50% (3) of the CMA’s active Phase II investigations concern software companies (NortonLifeLock/Avast, NEC Software Solutions/Capita Secure Solutions and Services, and Dye & Durham/TM Group). Coupled with other recent CMA interventions in software deals, gone may be the days when the CMA viewed software markets as competitive, fast-paced, and innovative. Continue
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