What do Topcashback and Quidco say?
A Topcashback spokesperson said: “While it’s a shame we didn’t get sign off today, it isn’t unexpected we would go into phase two, especially considering the complexities of our industry.
“In terms of what this means for us now, as before, we’ll continue offering the best service and deals to our members as we always have done. We’ll also be working closely with the CMA during its continued review and while we don’t want to speculate too much on the outcome, we remain optimistic.”
A Quidco spokesperson said: “The deal was voluntarily submitted to the CMA for review, as we want to be as diligent and compliant as possible in this process. While the CMA is reviewing the deal, it is business as usual for us. We are optimistic, but we don’t want to speculate on the outcome at this stage.”