11 April 2017
Clifford Chance advises Mastercard to gain antitrust approval to acquire VocaLink
International law firm Clifford Chance has advised Mastercard on antitrust and regulatory issues, enabling the client to gain regulatory approval in phase one from UK’s Competition & Markets Authority, clearing the way for the completion of the company’s planned acquisition of VocaLink Holdings Limited.
The CMA announcement gave final approval at the completion of a phase one review for the proposed set of remedies that address the competition concerns the CMA identified earlier this year.
The Clifford Chance team was led by antitrust partner Greg Olsen, supported by partner Nelson Jung, senior associates Michael Rueter, Peter Chapman and Elizabeth Sinclair, and associates Daniel Schwarz and Anna Caro.