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UK competition weekly: CMA to unwind Spreadex/Sporting Index merger; ORR updates railway Competition Act 1998 enforcement guidance; alerts and practice notes

Published on: 25 September 2025

Published by a LexisNexis Competition expert
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In this issue:

  • UK mergers
  • UK antitrust
  • Daily and weekly news alerts
  • New and updated content

UK mergers

CMA issues final report in remittal of Spreadex/Sporting Index merger; completed merger unwound

The CMA has released its remittal final report following its phase 2 review of Spreadex Limited’s acquisition of the B2C operations of Sporting Index Limited, a transaction that had already completed. Both Spreadex and Sporting Index serve UK customers with fixed‑odds betting and sports spread betting. Spreadex also offers financial spread betting and casino betting. The pair are the only licensed providers of online sports spread betting services, and the CMA determined that any remaining competitive pressures from outside that market after the deal — including unlicensed sports spread betting operators, financial spread betting firms, and providers of sports fixed‑odds betting — are weak. On 22 November 2024, the CMA’s original phase 2 final report concluded that the merger gave rise to competition concerns regarding the supply of licensed online sports spread betting services in the UK...

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