Submit a story
Tell us your story.
A merger between two hearing implant suppliers has raised concerns within the UK’s competition watchdog, which said a deal could risk higher prices for the NHS and less choice for patients. Should Cochlear and Demant’s £94m deal for Otican Medical go ahead, it would mean the combined group would control between 90 and 100 per [...]
The Competition and Markets Authority (CMA) has raised concerns over Baker Hughes' proposed acquisition of Altus.
The UK’s competitions watchdog has ordered Barclays to pay up to £1m in compensation to at least 1,000 of its mortgage customers, over its failure to comply with rules around Payment Protection Insurance (PPI) policies. The UK’s Competition and Markets Authority (CMA) said Barclays should pay compensation to as many 1,306 of its mortgage customers, [...]
The competition watchdog has published fresh guidance for Instagram influencers and big tech firms to help users identify a paid for endorsement. Regulators want to see social media publishers commit to being more open and transparent about when posts are paid for adverts. Under the new guidance, the Competition and Markets Authority (CMA) has asked [...]
Pfizer and Flynn Pharma have filed an appeal against the UK’s competition watchdog over its decision to fine the firms £70m for hiking the price of a life-saving epilepsy drug. Pharma giant Pfizer and privately-owned neuroscience specialist Flynn are appealing the Competition and Markets Authority’s (CMA’s) £70m fine, after the two firms previously forced the [...]
A new report by MPs on the Business, Energy and Industrial Strategy Committee has called on the Government to push forward with a draft Digital Markets Bill that would allow regulators to take a more proactive approach to curbing big tech dominance. The bill would enshrine the Competition and Markets Authority’s (CMA) Digital Markets Unit (DMU) [...]
The competition watchdog told Facebook’s parent firm Meta this afternoon that it would need to dump Giphy, marking the first time the regulator has blocked a deal struck by a Big Tech firm. In its “final decision”, the Competition and Markets Authority (CMA) ruled that the combination of the two companies would allow Meta to [...]
The UK’s competition watchdog has tabled plans to tackle excess profits at Motorola Solutions, after calling it a monopoly provider in the emergency service radio network. The Competition and Markets Authority (CMA) found that a lack of competition has allowed Motorola to make around £160m in excess profits a year, weighing on public funds [...]
The public sector workers’ union is set to ballot more than 150,000 civil servants on plans to strike over pay and working conditions. The Public and Commercial Services Union (PCS) said it is urging its members in 214 government departments to vote in favour of taking industrial action, after the UK government set out plans [...]
French utility Suez SA has struck a €2bn (£1.75bn) deal with Veolia Environment to buy back the UK waste management business it agreed to sell off to its rival last January. Suez has scuppered Macquarie’s bid to buy the British unit after the Australian asset manager struck a deal to acquire the UK business for [...]
Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.
Subscribe to get the essential daily news updates from City A.M's top stories to your inbox.