eBay faces CMA probe over £7bn advertising deal
The Competition and Markets Authority (CMA) is scrutinising eBay’s £7 billion deal with Norwegian business, Adevinta, as part of a crackdown on digital monopolies. The deal involves the sale of eBay’s classified ads division to Adevinta for £1.8 billion in cash and 44 per cent of the combined firm. The deal includes Gumtree and Motors.co.uk,
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