The Federal Trade Commission (FTC) has opened a new front in the fight against Intercontinental Exchange‘s (ICE’s) planned acquisition of Black Knight.
The agency petitioned a California federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) that prevents ICE from going forward with the deal to buy Black Knight. The goal is to give the commission time to pursue in-house litigation against the merger, according to a complaint filed in the U.S. District Court in San Francisco on Tuesday.
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