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.
Andrew Tyrie, chair of Competition and Markets Authority, to step down June 18, 2020 Former Treasury select committee chair Lord Andrew Tyrie has resigned as chairman of the UK’s competition watchdog, citing the “inherent limits” of his position. Tyrie, who used to be a Conservative MP, announced he would step down from his role at the Competition and Markets Authority (CMA) in September. He joined the CMA in April [...]
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.
Competition watchdog to probe Covid-19 vaccine maker AstraZeneca over £27.5bn US drug deal May 25, 2021 The UK's Competition and Markets Authority (CMA) will probe Covid-19 vaccine maker AstraZeneca's £27.5bn megadeal to buy a US drug company.
BBC and ITV suspected of competition breaches by UK regulator October 12, 2023 Britain's antitrust watchdog has opened an investigation into potential competition breaches involved in television production.
DMG and News Corp: Competition watchdog launches inquiry into merger of Sun and Mail publishers February 1, 2024 The Competition and Market Authority (CMA) has launched a merger inquiry into the Sun and Mail publishers plans to combine print operations. Daily Mail and General (DMG Media) and News Corp UK and Ireland (NewsUK) proposed a joint venture last October which would combine the printing operations of NewsUK and DMG Media printing sites in [...]
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 [...]
£880,000 fine for Leicester City confirmed by watchdog July 31, 2023 The Competition and Markets Authority has confirmed the sanctions it has imposed on Championship club Leicester City and JD Sports as part of a case relating to shirt restrictions. A fine of £880,000 has been imposed on the 2015-16 Premier League champions while JD’s decision to report the conduct to the CMA sees them benefit [...]