What do Experian and ClearScore say?
An Experian spokesperson said: “Experian is disappointed by the provisional findings published today by the UK Competition and Markets Authority.
“We continue to strongly believe that the acquisition of ClearScore will have a positive impact on competition, allowing Experian to help more consumers with their finances by providing greater choice and convenience to them to access personal finance products at the best prices.
“We also believe we will be able innovate more and better through the combination of the parties’ complementary assets and innovation cultures. We will continue to engage constructively with the CMA over the weeks ahead to seek to address its concerns ahead of publication of the CMA’s final report early in the New Year.”
ClearScore chief executive and co-founder Justin Basini said: “We’re disappointed in the CMA provisional findings, but remain confident the deal will be approved, not least because of recent developments in the UK’s dynamic financial comparison market.
“We will continue to build a world-class business that remains totally focused on serving our millions of users around the world, helping them get a grip of their finances and use their financial data to access the widest possible range of great deals.”