Spreadex ordered to sell Sporting Index after ‘creating monopoly’

cityam11-22 21:17

Spreadex is a major sponsor of Sunderland AFC. (Photo by George Wood/Getty Images) Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly.The ...

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(Photo by George Wood/Getty Images) Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly.The ...</p>\n\n<a href=\"https://www.cityam.com/spreadex-ordered-to-sell-sporting-index-after-creating-monopoly/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Spreadex ordered to sell Sporting Index after ‘creating monopoly’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSpreadex ordered to sell Sporting Index after ‘creating monopoly’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 21:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/spreadex-ordered-to-sell-sporting-index-after-creating-monopoly/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Spreadex is a major sponsor of Sunderland AFC. (Photo by George Wood/Getty Images) Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly.The ...</p>\n\n<a href=\"https://www.cityam.com/spreadex-ordered-to-sell-sporting-index-after-creating-monopoly/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CMA","symbol_name":"联信银行","start_time":0,"source_url":"https://www.cityam.com/spreadex-ordered-to-sell-sporting-index-after-creating-monopoly/","article_id":"2485298701","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/11/GettyImages-2179776252-2.jpg?w=286&h=161&crop=1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485298701","pubTimestamp":1732281425,"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Spreadex is a major sponsor of Sunderland AFC.  Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly.The Competition and Markets Authority  has told Spreadex to dispose of the ‘business-to-consumer’firm after it snapped it up from Sporting Group last year.Spreadex and Sporting Index both provide sports fixed odds betting and sports spread betting services to customers based in the UK.However, the CMA has said an independent panel has concluded the deal “created a monopoly” in the UK licensed online sports spread betting market, “eliminating competition in that market”.The panel also concluded that the merger “could lead to a worse user experience, a more limited range of products and/or higher prices for consumers in the UK”.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CMA":"联信银行","BK4211":"区域性银行","BK4207":"综合性银行","BK4589":"SVB概念","BK4585":"ETF&股票定投概念","BK4588":"碎股"},"translate_title":"Spreadex在“造成垄断”后被勒令出售体育指数","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CMA":1},"content_text":"Spreadex is a major sponsor of Sunderland AFC. (Photo by George Wood/Getty Images) Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly.The Competition and Markets Authority (CMA) has told Spreadex to dispose of the ‘business-to-consumer’ firm after it snapped it up from Sporting Group last year.Spreadex and Sporting Index both provide sports fixed odds betting and sports spread betting services to customers based in the UK.However, the CMA has said an independent panel has concluded the deal “created a monopoly” in the UK licensed online sports spread betting market, “eliminating competition in that market”.\n\nThe panel also concluded that the merger “could lead to a worse user experience, a more limited range of products and/or higher prices for consumers in the UK”.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485298701"}