Probe launched into £2.1bn takeover of Electricity North West by ScottishPower owner January 29, 2025 The competition watchdog has launched a probe into a £2.1bn deal to takeover Electricity North West by the owner of ScottishPower. The Competition and Markets Authority (CMA) is looking into the deal which was first announced by Iberdrola in August last year. The watchdog said it was investigating whether the deal may affect competition in [...]
CMA set for showdown with Amazon and Microsoft over cloud dominance January 28, 2025 The competition watchdog could be set for a showdown with Amazon and Microsoft after an independent inquiry group said the regulator should probe the two firms’ dominance in the cloud services market. After launching an investigation into the market in 2023, the inquiry group said today that competition in the £9bn sector was not working [...]
CMA chair pledges to speed up decision-making after government backlash January 28, 2025 The new chair of the competition watchdog has pledged to speed up its decision making and bring in outside expertise as part of plans to reshape the agency following months of criticism. Doug Gurr, a former Amazon executive who was parachuted in to lead the body after ministers ousted his predecessor last week, said “lengthy [...]
CMA to “brainstorm” growth ideas with business groups as pressure mounts January 27, 2025 The competition watchdog is set to be grilled by some of the UK’s biggest business bodies tomorrow as it looks to shore up confidence following the ousting of its chair by ministers last week. The Competition and Markets Authority (CMA), which has faced anger from both the government and private sector over what has been [...]
New CMA chair to take pro-growth approach after Reeves intervention January 26, 2025 The UK’s competition regulator will get behind Chancellor Rachel Reeves’ pro-growth demands after a new coalition of Labour MPs called for a “rapid review” of all ongoing work. Labour’s Growth Group, a centrist movement of around 110 MPs and ministers, said it had written to new interim chair Doug Gurr and chief executive Sarah Cardell [...]
CMA begins redundancy programme after overshooting budget January 23, 2025 The competition watchdog is planning to slash its head count by around ten per cent after overshooting its budget last year, piling fresh pressure on the body following the sudden exit of its chair this week. The Competition and Markets Authority (CMA), which has faced public anger from the Prime minister and Chancellor over its [...]
‘It’s a clear message’: Reeves’ CMA scalp fires warning to regulators January 23, 2025 The government has sent a “clear message” to UK regulators by ousting the chair of competition watchdog, in what lawyers described as the “most overtly political” regulatory intervention of recent years. Marcus Bokkerink, who joined the Competition and Markets Authority (CMA) in 2022, was forced out of his role due to a “different approach” on [...]
CMA launches probe into Google search dominance under new regime January 14, 2025 Google has been placed under investigation by the Competition and Markets Authority (CMA) to assess whether its search and advertising services deliver fair results within the UK. In a statement today, the watchdog announced the launch of its first “strategic market status designation investigation” under a new Strategic Market Status (SMS) regime, which was rolled [...]
Independent Football Regulator hires head of legal from CMA January 6, 2025 The incoming football regulator has appointed a head of legal as it steps up plans to begin its work in earnest in 2025. David Riley this week left his role as legal director of the Competition and Markets Authority to take up a role with the football body, where he will head up the legal [...]
Starmer demands ‘concrete proposals’ on growth from regulators December 28, 2024 The Prime Minister has called on Britain’s regulators to do more to prioritise growth as he seeks to improve living standards by 2029. In letters sent last week, Sir Keir Starmer, Chancellor Rachel Reeves and business secretary Jonathan Reynolds said they wanted to see “concrete proposals” from regulators setting out how they could “go further” [...]