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NortonLifeLock, Avast’s $8.6 Billion Deal Faces U.K. Probe

  • U.K.’s antitrust agency had raised competition concerns
  • Move follows NortonLifeLock opting not to offer commitments
Updated on

NortonLifeLock Inc.’s $8.6 billion purchase of Avast Plc will face an in-depth probe by the Competition and Markets Authority after it raised competition concerns in the cybersecurity market, marking anther tech deal to face scrutiny by U.K.’s antitrust agency.

The CMA confirmed on Friday that it took the expected decision after NortonLifeLock opted against offering commitments at this stage.