Experian-Clearscore merger will hurt competition – UK watchdog

(Reuters) – UK antitrust authorities said Wednesday that Experian Plc & # 39; s The acquisition of ClearScore, its competitor, could reduce competition in the industry, hamper product development and hurt customers.

Experian, the world's largest credit data company, said it was disappointed by the interim findings of the Competition and Markets Authority (CMA).

He will engage in a dialogue with the authorities to address concerns prior to the release of the CMA's final report early next year, Experian added.

(Report of Noor Zainab Hussain in Bengaluru, edited by Sai Sachin Ravikumar)