CMA provisionally clears NortonLifeLock / Avast merger

Acquisitions

Summary

Following a more detailed Phase 2 investigation, the CMA has now provisionally concluded that the deal does not raise competition concerns in the UK. Providers of both paid-for and free services are continually developing and improving their products over time to meet different and changing customer needs. The CMA also found that security applications provided by Microsoft, which holds a unique position in the market as the owner of the Windows operating system, are increasingly important alternatives for consumers. Kirstin Baker, chair of the CMA inquiry group, said: Millions of people across the UK rely on cyber safety services to keep them safe online. After gathering further information from the companies involved and other industry players, we are currently satisfied that this deal won’t worsen the options available to consumers.

Classifications

industries
Fintech & Banking
applications
Anti Piracy

AskAI Classifications

Labels
Cybersecurity Software Endpoint Security Consumer Security Software

Linked Companies

Avast
$500M to $1B