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".
Thermo Fisher Scientific’s £2.43bn Olink acquisition catches CMA’s eye February 2, 2024 The planned $3.1bn acquisition of Olink Holding by Thermo Fisher Scientific is being investigated by the UK's Competition and Markets Authority.
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.