The UK’s Competition and Markets Authority has decided not to refer Sportradar’s acquisition of IMG Arena to an in-depth investigation, the antitrust watchdog said in a statement on Friday.

The decision clears a significant regulatory hurdle for the sports data and technology company’s purchase of IMG Arena, allowing the acquisition to proceed without further scrutiny from UK competition authorities.

The CMA, which reviews mergers and acquisitions to ensure they don’t harm competition in UK markets, determined that the transaction did not warrant a more detailed investigation after its initial review.