The Competition and Consumer Protection Commission is to carry out a full Phase 2 investigation to establish if the proposed deal could lead to a lessening of competition in the State. Picture: RollingNews.ie
The Irish consumer watchdog is to fully investigate a proposed deal by AIB to buy a portfolio of performing commercial loans from Ulster Bank. The Competition and Consumer Protection Commission is to carry out a full Phase 2 investigation to establish if the proposed deal could lead to a lessening of competition in the State.
In a statement, the CPCC said: “Following an extended preliminary investigation, the CCPC has determined that a full investigation is...
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