U.K. Watchdog Says Global Business Travel Group, CWT Deal Raises Competition Concerns

By MarketWatch | Nov 6, 2024 at 09:47 AM EST

The U.K. Competition and Markets Authority expressed concerns about Global Business Travel Group's acquisition of CWT Holdings LLC potentially reducing competition in the market, leading to fewer choices and higher prices for customers. The watchdog has invited feedback on these issues until Nov. 27.

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