Following a Phase 2 investigation, the CMA said Dye & Durham's acquisition of TM Group reduces competition in the supply of property search services in England and Wales.
(Reporting by Amna Karimi in Bengaluru; Editing by Rashmi Aich)
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(Reuters) - Britain's Competition and Markets Authority (CMA) said on Wednesday that Canadian cloud-based software firm Dye & Durham should sell TM Group after its in-depth investigation identified competition concerns.
Following a Phase 2 investigation, the CMA said Dye & Durham's acquisition of TM Group reduces competition in the supply of property search services in England and Wales.
(Reporting by Amna Karimi in Bengaluru; Editing by Rashmi Aich)
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