The Competition and Markets Authority (CMA) has launched a probe into Hays Travel’s acquisitions of Polka Dot Travel and The Independent Travel Company (trading as Millington Travel).
(Credit: iStock / TraceyAPhotos)
Hays' acquisition of 14-branch Millington Travel, based in the Midlands, came just a week after its acquisition of Polka Dot Travel – which has 15 branches – in October.
The watchdog’s concerns centre on whether the two miniples Hays has acquired will cease to be distinct from Hays, and whether the acquisitions represent a wider competition concern.
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