Mergers & Acquisitions Mergers & Acquisitions

Uber Technologies-Autocab approved in UK thanks to internal docs, third-party views

By Victoria Ibitoye
  • 29 Mar 2021 08:24
  • 29 Mar 2021 08:24
Uber Technologies’ planned acquisition of Autocab has been cleared by the UK’s competition regulator, after evidence from third parties showed the companies are not close competitors and would continue to face competition from rivals.

The Competition and Markets Authority received 99 responses to its invitation for views, including 55 questionnaire responses,

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Victoria Ibitoye

Senior Correspondent

Victoria covers mergers and acquisitions for MLex in London. Prior to joining MLex, Victoria was a city reporter at the Daily Mail covering transport, retail and writing the daily market report. Victoria holds a law degree from the University of Nottingham.

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