Tory peer Lord Marland ‘in the running’ to chair competition watchdog March 29, 2021 Tory grandee Lord Marland is said to be in the running to become the next chairman of the Competition and Markets Authority (CMA) in what could be the latest political appointment by Boris Johnson. Lord Marland, a former Conservative minister, is one of several names being circulated at the Department for Business, Energy and Industrial [...]
Water bills: CMA settles long-running price controls dispute March 17, 2021 The Competition and Markets Authority (CMA) today published its findings on the price controls for four water companies for 2020-2025. The group set a headline rate of return to investors of 3.2 per cent compared with 4.6 per cent in the previous price control period. It said the return is the minimum that is sufficient [...]
Competition watchdog opens probe into Facebook’s Giphy takeover January 28, 2021 The UK competition watchdog has launched a formal investigation into Facebook’s takeover of popular gif search engine Giphy. Facebook last year announced it planned to merge the gif-maker with Instagram in a deal worth a reported $400m (£321m). The Competition and Markets Authority (CMA) served an initial enforcement order in June, forcing the social media [...]
CMA to investigate Google over anti-competitive ‘Sandbox’ behaviour January 8, 2021 The competition watchdog has launched an investigation into alleged anti-competitive behaviour following proposed changes to its so-called ‘Privacy Sandbox’. The Competition and Markets Authority (CMA) probe was launched following a string of complaints, including from the Marketers for an Open Web group, which argue Google is abusing its market power. “Google’s Privacy Sandbox proposals will [...]