BT heads to court to fight £1.3bn class action January 29, 2024 Telecoms giant BT is set to appear in court today as it faces a £1.3bn class action over allegations it has "disproportionately overcharged" its landline customers, many of whom are elderly.
Pressure on as competition watchdog launches investigation into UK vet industry May 23, 2024 The competitions watchdog said it will press ahead with an investigation into the UK’s vet industry following concerns pet owners are not getting value for money.
Broadcom’s $69bn VMware deal wins provisional UK clearance July 19, 2023 Britain’s competition regulator provisionally cleared U.S. tech company Broadcom’s $69bn purchase of VMware on Wednesday, saying the deal would not weaken competition in the supply of critical computer server products. The Competition and Markets Authority’s (CMA) provisional approval of the takeover – Broadcom’s biggest ever – follows a go-ahead from European Union regulators last week [...]
Tribunal upholds £84m CMA fine for firm that hiked drug prices August 8, 2023 The companies behind a drug whose price was hiked from £20 to £248 per pack in just eight years will be fined a combined £84 million after a tribunal upheld the competition watchdog’s decision. The Competition Appeal Tribunal on Tuesday had endorsed “all the main elements” of the Competition and Markets Authority’s decision, the CMA [...]
Fuel retailers face fines if they do not ‘come clean’ over pricing November 15, 2023 Fuel retailers face fines if they fail to be more transparent on pricing, Energy Secretary Claire Coutinho has announced.
‘Old habits die hard’: Drivers still feeling the pain from jacked up supermarket fuel margins — watchdog November 9, 2023 Drivers are facing higher prices at the pumps due to increasing fuel margins at a number of supermarkets and retailers.
Google to change app store rules after UK competition agency flags concerns April 19, 2023 Google said it will allow app developers in the UK to use alternative payment options following an investigation by the UK’s competition regulator. The tech giant said it would present other payment options to Google Play’s billing system for in-app purchases “in a neutral manner” if its commitments are accepted by the UK Competition and [...]
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".
CMA could put Hotpoint-Beko tie-up on ice over competition concerns September 28, 2023 A planned tie-up between the electrical and white goods giants behind Hotpoint and Beko in Europe could reduce choice and increase prices for UK consumers, Britain’s competition watchdog has warned. The Competition and Markets Authority (CMA) said it found competition concerns surrounding Turkish firm Arcelik’s takeover of Whirlpool’s European domestic appliances business. The regulator said [...]
CMA rebukes four banks for failing to provide correct information to customers July 25, 2024 The competition watchdog has publicly rebuked four banks for failing to comply with rules ensuring lenders provide clear and up to date information to their customers.