Competition watchdog issues warning on AI foundation models like ChatGPT April 12, 2024 The CMA said it is concerned about the concentration of market power among a handful of incumbent technology giants' AI models.
Competition watchdog says Vodafone’s merger with Three could leave customers worse off March 22, 2024 The Competition and Markets Authority (CMA) said it feared the deal could reduce competition in Britain's telecommunications industry and raise prices for consumers and businesses.
Printing merger between Sun and Daily Mail owners waved through by competition authority March 21, 2024 Plans by the publishers of the Sun and Daily Mail plans to combine their print operations have been waved through by the Competition and Markets Authority (CMA).
Dogs will break your heart and leave you bankrupt, but they’re worth every penny March 21, 2024 Vets are being accused of ripping off pet owners, but you can’t put a price on the love of a dog, says Andy Blackmore Vets have come under fire recently with accusations of price gouging. Having received over 56,000 complaints, the Competition and Markets Authority is now launching a formal investigation into the veterinary industry, [...]
What the Competition and Markets Authority wants to do with its new powers March 14, 2024 The Competition and Markets Authority (CMA) has set out the areas it wants to focus on over the next 12 months.
Competition watchdog and Ofcom deliver results of probe into Abu Dhabi-backed Telegraph bid to media secretary March 11, 2024 The CMA has reported on jurisdictional and competition matters to the secretary of state, Lucy Frazer, who is also due to hear from Ofcom.
Pennon mega-deal for Sutton and East Surrey Water facing competition probe March 7, 2024 Pennon paid £89m in equity but the total enterprise deal was worth £380m
New Footasylum CEO named as former boss takes role with The Body Shop owner March 4, 2024 The CEO and executive chairman of Footasylum is to step down and take on a role with Aurelius, the German private equity firm that owns the brand and The Body Shop.
FTSE 100 close: Housebuilders drag London’s premier index into the red after CMA warning February 26, 2024 The biggest news of the morning was the Competition and Markets Authority's (CMA) announcement that it had found "fundamental concerns" with the housebuilding market.
Demolition boss fails in bid to overturn CMA ban for role in illegal cartel February 8, 2024 The CMA struck him off after he was found to be "personally involved in 2 breaches of competition law affecting contracts for demolition services with a total value of over £30 million".