Monopolies watchdog orders sale of searches firm – Law Society’s Gazette

Posted August 4th, 2022 in competition, news, sale of land, takeovers by sally

‘A multinational legal and financial software business has been ordered to sell a British property searches firm in a rare intervention by the monopolies watchdog. The Competition and Markets Authority (CMA) revealed today that an investigation had concluded that last year’s £91.5m acquisition of TM Group by Dye & Durham “substantially lessens competition in the supply of property search services in England and Wales”.’

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Law Society's Gazette, 3rd August 2022

Source: www.lawgazette.co.uk