Culture Secretary makes new intervention in Abu Dhabi-backed Telegraph takeover January 27, 2024 Lucy Frazer has issued a new public interest intervention notice (PIIN) and extended the deadline for Ofcom and the Competition and Markets Authority (CMA) to hand over the findings of their probes into the acquisition.
CMA raises consumer concerns over proposed Baker Hughes-Altus deal November 22, 2022 The Competition and Markets Authority (CMA) has raised concerns over Baker Hughes' proposed acquisition of Altus.
Win for Facebook: Judge orders UK competition watchdog to revisit Meta Giphy sale July 18, 2022 Judges have called on the UK competition watchdog to revisit its ruling on the Competition and Markets Authority's (CMA) ruling that Meta should sell Giphy.
New research warns fresh Digital Markets Unit risks stifling UK innovation July 6, 2022 A new report has warned that proposals to introduce a new Digital Markets Unit (DMU), housed at the Competition and Markets Authority (CMA), will have dire consequences for innovation, investment and dynamism in the digital sector.
Fintechs call for open banking body to be ‘weaponised’ and simplified as CMA mulls its future March 16, 2022 Fintech firms have called for open banking’s governing body to be “weaponised” and simplified, as the Competition and Markets Authority (CMA) prepares to deliver a verdict on its future next week.
Top fintechs strong-arm watchdog into action on open banking March 14, 2022 A group of the UK’s top fintech firms have called on the Competition and Markets Authority (CMA) to speed up its decision making on open banking, claiming the watchdog’s slow progress was stifling innovation.
UK competition watchdog directs Facebook to sell Giphy November 30, 2021 The Competition and Markets Authority (CMA) has today concluded that Facebook’s acquisition of Giphy would reduce competition between social media platforms and that the deal has already removed Giphy as a potential challenger in the display advertising market.
Media secretary ‘minded to’ open second probe into Telegraph sale January 24, 2024 Media secretary Lucy Frazer has said she is "minded to" to open a new investigation into the proposed £600m sale of the Telegraph.
Pets at Home backs guidance amid vet probe March 26, 2024 Pets at Home said it is trading in line with lowered expectations, in its first financial update since the competitions watchdog said it would launch a probe into the veterinary industry.
Leicester City to be fined £880,000 after ‘colluding’ with JD Sports July 5, 2023 Premier League football club Leicester City are to be fined £880,000 by the Competition and markets Authority (CMA) over collusion with JD Sports. The statement of objections issued by the CMA sets out provisional assessments of the case. The Premier League club and retail outlet admitted to breaking competition law over three seasons. The report [...]