UK watchdog clears eBay's planned acquisition of Depop from Etsy

Britain’s competition regulator cleared eBay’s planned takeover of fashion resale platform Depop, ending its initial probe and removing a deal hurdle for the U.S. company. The approval reduces regulatory overhang and supports progress toward closing the transaction.

Analysis

Britain’s competition regulator cleared eBay’s planned takeover of fashion resale platform Depop, ending its initial probe and removing a deal hurdle for the U.S. company. The approval reduces regulatory overhang and supports progress toward closing the transaction.