The FTC is expected to sue IntercontinentalExchange (ICE) as soon as Thursday to try to block the company’s proposed deal to acquire Black Knight (BKI), Bloomberg’s Leah Nylen reports, citing two people with knowledge of the matter. The FTC is anticipated to challenge the transaction over concerns it would establish a near-monopoly in the market for loan origination software and give one entity control over many of the tools lenders use to issue or refinance home mortgages, the author says. Reference Link
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