Experian/Credit Laser Holdings (Clearscore) [Archived]

The following Competition practice note provides comprehensive and up to date legal information covering:

  • Experian/Credit Laser Holdings (Clearscore) [Archived]
  • Case facts
  • Timeline
  • Commentary

Experian/Credit Laser Holdings (Clearscore) [Archived]

CASE HUB

ARCHIVED–this archived case hub reflects the position at the date of the abandonment of the transaction of 27 February 2019; it is no longer maintained.

See further, timeline and commentary.

Case facts

OutlineUK merger investigation into the proposed acquisition by Experian Limited of Credit Laser Holdings Limited (ClearScore). The transaction involves horizontal overlaps in markets for credit-score checking and related services in the UK.

Latest developmentsOn 27 February 2019, the parties abandoned the transaction. On the same day, the CMA cancelled the merger reference.

PartiesExperian is a Irish headquartered group (listed on the London Stock Exchange) that is the world’s leading global information services company. Experian operates in 37 countries throughout the world.

Credit Laser Holdings (Clearscore) is a UK based company that provides free credit score checks to UK consumers.

Market(s)The CMA considered the markets for the supply of: (a) CCPs for loans and credit cards in the UK; (b) CCTs in the UK; and (c) pre-qualification services in the UK.

In relation to (a) and (b), these services are used by consumers to check their credit scores, understand their finances, and choose loans and credit cards online. Credit score checking services can be provided free of charge or paid for. In relation to (c), these services are used by

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