Deliveroo and Amazon hit back at CMA probe January 29, 2020 Amazon and Deliveroo have hit back at the Competition and Markets Authority (CMA), calling its investigation flawed. They have complained that the CMA has failed to “produce any credible evidence of existing competition between Amazon and Deliveroo”. The watchdog referred the deal to a full investigation in late December, casting doubt on whether the investment [...]
South Korea outlaws Google and Apple in-app payment systems August 31, 2021 South Korea’s National Assembly has approved legislation that bans app store operators such as Google and Apple from forcing developers to use their in-app payment systems. South Korea is reportedly the first country in the world to pass such a bill, which becomes law when it is signed by the president, whose party has backed [...]
DEBATE: As the Big Four firms continue to dominate audit, have government efforts so far to reform the market failed? October 30, 2019 As the Big Four firms continue to dominate audit, have government efforts so far to reform the market failed? David Herbinet, global head of audit at Mazars, says YES. The Financial Reporting Council’s latest figures show that, despite all efforts, the audit market is actually narrowing. A diverse market is vital for audit quality and [...]
Hilton Food snaps up Dutch seafood company Foppen to grow protein category and enter new markets December 10, 2021 The Hilton Food Group, the multi-protein food business, has acquired the smoked salmon producer, Dutch Seafood Company B.V., which trades as "Foppen", expanding its presence in a growing protein category, as well as entering the US, a new geography for Hilton.
CMA provisionally clears Amazon’s £442m Deliveroo investment over coronavirus April 17, 2020 A UK watchdog today provisionally cleared Amazon’s massive £442m investment into Deliveroo due to the risk the food delivery firm faces from coronavirus. The Competition and Markets Authority (CMA) called the situation “wholly unprecedented” but said the cash was “realistically only available from Amazon”. Deliveroo has seen a significant decline in revenues from the UK [...]
Oil and gas body launches UK’s first ever carbon storage licensing round June 14, 2022 Thirty million tonnes of CO2 could be permanently stored in rocks deep beneath the UK’s surrounding seas by the end of the decade.
Decentralised open source protocols = freedom January 8, 2023 Dr Kacher explains how Web3 enables decentralised DAOs which offer open source protocols that are funded by DAOs and NFTs.
ASA crypto crackdown – is it regulation by the back door? June 10, 2022 Geraint Lloyd Taylor of Lewis Silkin examines why the ASA is turning its searchlights onto cryptocurrency advertising.
UK competition watchdog to push for tighter controls on US tech giants February 3, 2020 The UK’s competition watchdog will push for tougher powers to regulate companies such as Google and Facebook following the UK’s official departure from the EU, and will pursue antitrust investigations against tech giants independently of the bloc. “The upside [Brexit] is that you take back control — genuinely — of the decisions,” Competition and Markets [...]
Five reasons why energy transition stocks can weather the inflation storm November 1, 2021 The current inflationary pressures putting strain on global equity markets are impacting energy transition equities more than most, with many of its sub-sectors right in the eye of the storm. But while these short-term threats are painful, they should not detract from the longer-term investment opportunity. Inflationary pressures have been at the heart of this disruption. Global supply [...]