Which? response as Adevinta’s merger purchase of Gumtree raises competition concerns

Rocio Concha, Director of Policy and Advocacy at Which?, said:

“It is good to see the CMA taking a robust approach towards this merger between Adevinta and eBay to make sure that consumers don’t suffer from a loss of competition that could reduce choice and lead to higher prices.

“However, the case illustrates again that many digital markets have a small number of powerful firms and it is essential that the UK develops an effective competition policy for these markets. The government needs to swiftly legislate to give the Digital Markets Unit the powers to promote competition for the benefit of consumers, as well as strengthening consumer protection.”

Statement