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U.S. FTC seeks to block ICE's $13b takeover of Black Knight

The FTC has been scrutinizing the Black Knight deal for months amid concerns from some U.S. lawmakers the pricing power ICE would gain in the mortgage data market that lenders rely on could lead to higher costs for consumers.

ICE, the owner of the New York Stock Exchange, has been pushing into the mortgage market in recent years as a way to diversify its business away from share trading.