Amex Global Business Travel, CWT Deal Raises Antitrust Concerns, U.K. Watchdog Says -- Update

By MarketWatch | Nov 6, 2024 at 10:09 AM EST

The UK competition regulator warned that American Express Global Business Travel's purchase of CWT Holdings could harm competition, leading to less choice and higher prices. Despite objections, Amex GBT plans to work with regulators to defend the acquisition's benefits.

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