UK regulator negative on Experian ClearScore deal

The U.K.’s Competition and Markets Authority said Wednesday that it has found Experian PLC’s (EXPN.LN) takeover of credit-data rival ClearScore could reduce competition. The CMA said its phase 2 investigation provisionally found the combination of the two largest credit-checking firms in the U.K. would substantially reduce the pressure to develop innovative offers and make service improvements.