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.
UK competition watchdog clears £6bn Avast takeover by NortonLifeLock September 2, 2022 The £6bn acquisition of Avast by NortonLifeLock has been officially cleared by the UK’s competition watchdog. The Competition and Markets Authority had launched an investigated into the merger in March, with concerns the combined cyber security powerhouse would squash competition in the sector. The watchdog said that while it found a “realistic prospect” of weaking [...]
UK competitions watchdog told to cover pharma firms’ costs after investigation failed May 25, 2022 The Supreme Court today said the UK’s Competition and Markets Authority (CMA) could be forced to cover Pfizer and Flynn Pharma’s legal costs, following the collapse of its case into the two pharmaceutical firms. The landmark ruling could see UK regulators made liable to pay the costs of those subject to failed investigations, after the [...]
JD Sports talks Footasylum sale with Aurelius Group amid watchdog order July 20, 2022 FTSE 100 retailer JD Sports Fashion is looking to sell up its Footasylum chain to the Aurelius Group following months of talks with the UK competition watchdog.
Competition watchdog green lights BT and Warner Bros sports broadcasting tie-up July 22, 2022 The UK competition watchdog has given the BT Group and Warner Bros. Discovery joint venture the green light.
Competition watchdog probes Google over distortion of digital advertising market May 26, 2022 The competition watchdog has launched a probe into whether Google has behaved illegally by limiting competition in the digital advertising tech market. The Competition and Market Authority (CMA) unveiled a second investigation into the tech giant, after scrutinising an agreement between Google and Meta. Google is a dominant player within advertising tech intermediation – referred [...]
FinTech sector asks UK government for more clarity in 2023 December 22, 2022 A group of UK based FinTech companies have written an open letter to the Financial Conduct Authority (FCA) calling for greater clarity on how open banking will be regulated from 2023 onwards. The letter criticizes the Joint Regulatory Oversight Committee (JROC), a regulatory body established in March by the Competition and Markets Authority (CMA). The [...]
Ad watchdog conducts record level of rulings on green issues in 2023 December 12, 2023 Since the start of the year, the Advertising Standards Authority (ASA) has conducted 29 formal rulings on green issues this year.
UK government moves to block Telegraph deal and foreign takeovers March 13, 2024 The amendment may derail the proposed £600m purchase of the Telegraph by an Abu Dhabi-backed investment fund.
Wincanton switches horses and backs new £762m takeover bid – but will French suitor come back? March 1, 2024 Wincanton looks set for a £762m takeover by Clipper logistics owner GXO after bosses withdrew their backing for a rival bid and waved through a new offer to shareholders.