Britain’s Competition Watchdog Refers Paypal-iZettle Deal for In-Depth Review

Britain’s competition watchdog said on Wednesday that Paypal Holdings’s $2.2 billion takeover of Swedish financial technology startup iZettle would be referred for an in-depth review. The Competition and Markets Authority (CMA) said Paypal had refused to offer proposals to address its concerns on how the deal, Paypal’s biggest ever, could hurt competition and could lead to higher […]