S&P's plan to buy IHS may draw antitrust scrutiny from Biden administration

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Data giant S&P Global Inc’s plan to buy IHS Markit Ltd for $44 billion will face hard questions from the incoming administration of President-elect Joe Biden, which has indicated that antitrust enforcement will get tougher, anti-trust experts said on Monday.

The deal creates a stronger No. 3 in the financial information market by bringing together S&P Global’s expertise in providing debt ratings to countries and companies and data on capital and commodity markets, with IHS‘ pricing and reference data for financial assets and derivatives.

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