Adobe and Figma scrap £16bn merger after regulators criticise deal December 18, 2023 Adobe and Figma have ditched their $20bn (£16bn) tie-up after struggling to secure regulatory approval in both the UK and Europe.
Watchdog to investigate mattress firm Simba over pricing tactics December 15, 2023 The competition regulator has launched a probe into mattress seller Simba Sleep amid concerns its could be misleading shoppers with price reduction claims. The Competition and Markets Authority (CMA) said it will examine whether the firm has “misled consumers about price reductions and put unfair pressure on consumers to make quick purchases”. It comes after [...]
Adobe boss says CMA should ‘move more quickly’ on Figma takeover decision December 12, 2023 A top Adobe executive has slammed the CMA for taking too long to reach a decision on the company’s proposed takeover of Figma.
CMA invites comments on Microsoft and OpenAI partnership impacting UK’s competition December 8, 2023 The CMA is inviting comments on whether the partnership between Microsoft and OpenAI has "resulted in a relevant merger situation".
Media secretary to intervene in the Telegraph sale November 30, 2023 Culture and media secretary Lucy Frazer has announced she is intervening in the sale of the Telegraph Media Group.
CMA successful in appealing its right to probe Apple November 30, 2023 The Competition and Markets Authority (CMA) was successful in an appeal against a decision it did not have power market investigate tech giant Apple.
Regulator says Adobe’s Figma acquisition could ‘harm’ UK digital design sector November 28, 2023 The UK’s competition watchdog has provisionally found that Adobe’s proposed acquisition of Figma could harm the digital design sector.
Sharp cut in fuel prices after retailers given ‘good prod’ by regulator CMA November 25, 2023 “It’s amazing what happens when the competition watchdog gives the fuel trade a good prod", a spokesperson for the AA said.
Government tells CMA to focus on growth after Microsoft criticism November 24, 2023 The government has told the Competition and Markets Authority to boost its focus on UK growth going forward as it laid out a list of new priorities for the watchdog following a string of criticism over the past few months.
Ministers urged to deploy national security laws over Barclay Telegraph bid November 19, 2023 Ministers have been urged to deploy the UK’s national security laws over the Barclay family’s UAE-backed bid to buy back the Telegraph newspaper.