Spreadex ordered to sell Sporting Index after ‘creating monopoly’ November 22, 2024 Spreadex has been ordered to sell Sporting Index after it was ruled that the acquisition had created a monopoly. The Competition and Markets Authority (CMA) has told Spreadex to dispose of the ‘business-to-consumer’ firm after it snapped it up from Sporting Group last year. Spreadex and Sporting Index both provide sports fixed odds betting and sports [...]
CVS: Vet probe weighs on profit but fundamentals ‘strong’ September 26, 2024 Veterinary group CVS has said that a competition probe into the vet sector, plus cost of living pressures and a cyber attack, negatively affected its performance over the last year. The Competition and Markets Authority (CMA) launched a formal probe into the sector in May. CVS shares plunged 20 per cent after the announcement, and [...]
Google accused of using its dominance to harm the competition September 6, 2024 Google has been accused of using “anti-competitive practices” which harm thousands of publishers and advertisers in the UK. The Competition and Markets Authority (CMA) said it has provisionally found that the US giant could be negatively impacting rivals over open-display advert technology. According to its findings, the watchdog said that when placing digital adverts on [...]
Booking.com boss bemoans ‘lack of common sense’ in Brussels September 1, 2024 Booking.com has been designated a "gatekeeper" by the European Commission, a label for companies that have potentially damagingly high market share.
Google facing £1bn competition lawsuit from professor on behalf of SMEs August 23, 2024 A professor has launched a class action lawsuit against Google on behalf of SMEs he said have been negatively hit by excessive commissions on its Play Store. Competition law professor at the University of Strathclyde, Barry Rodger, has alleged that Google has abused its dominant position by excluding competition in app distribution and by charging [...]
The sooner the better for a Eurostar competitor – but it won’t be smooth sailing June 4, 2024 An end to Eurostar's monopoly on the Channel Tunnel can only be a good thing for passengers, Guy Taylor argues
Tribunal reverses CMA’s £35m fine against four anti-nausea pharmaceutical firms May 28, 2024 Four pharmaceutical companies have successfully appealed and reversed a £35m fine imposed by the competition regulator over anti-nausea tablets
Tesco hits Swedish truck manufacturer Scania with legal action May 1, 2024 Tesco has launched a claim against Swedish commercial vehicle manufacturer Scania over alleged monetary losses suffered in the UK