JD Sports attempts to calm investors about Cowgill exit as shares slump May 27, 2022 JD Sports made attempts to reassure investors yesterday after red flags were raised by the sudden departure of Peter Cowgill.
CMA finds Apple and Google have a ‘vice-like grip’ on phones December 14, 2021 The UK’s competition watchdog has warned Apple and Google have a “vice-like grip” on how consumers use mobile phones, stripping them from any meaningful choice and hampering competition in the sector. A preliminary investigation published by the Competition and Markets Authority (CMA) today concludes that the two tech giants have dominated the market and have [...]
CMA warns taxpayers and councils face higher bills after £11bn Veolia-Suez waste management merger December 7, 2021 The £11.1bn merger between French waste and water management giants Veolia and Suez could lead to higher prices for UK councils and taxpayers, according to Britain’s competition watchdog. The Competition and Markets Authority (CMA) said the tie-up, which was announced earlier this year, could lead to a loss of competition in the supply of key [...]
JD Sports and Footasylum hit with £5m fine following covert car park rendezvous February 14, 2022 city watchdog has slapped sports retailers JD Sports and Footasylum with a £5m fine after the firms’ bosses conducted covert meetings to discuss a blocked takeover, it has revealed.
CMA extends deadline to probe Facebook’s $400m Giphy deal September 10, 2021 The Competition and Markets Authority (CMA) has today extended the deadline of its investigation into Facebook’s $400m acquisition of Giphy until December 2021, according to the CMA website. The changes to the schedule of the regulator’s investigation follows criticism levelled at it by the social media giant Facebook after the CMA said it may force [...]
Leicester City and JD Sports probed by watchdog over merchandise September 30, 2021 The Premier League’s Leicester City and retailer JD Sports are being investigated by the Competition and Markets Authority (CMA) over suspected anti-competitive behaviour relating to merchandise. The watchdog said in its case that it has “reasonable grounds to suspect one or more breaches of competition law” and that the CMA “has not yet reached a [...]
Competition watchdog brands Amazon as ‘grocery retailer’ enforcing UK supplier protection February 9, 2022 UK competition watchdog has branded Amazon as a “grocery retailer” after the ecommerce giant announced it would be increasing its activity in the sector, with plans to launch 15 new Amazon Fresh stores in London. The Competition and Markets Authority’s (CMA) decision is aimed at protecting suppliers and ensuring fairer payment terms, forcing Amazon, as [...]
Gridserve to roll out biggest EV charging upgrade in UK history December 9, 2021 Gridserve will roll out the biggest upgrade of motorway electric vehicle (EV) charging points in UK history, as the company announced that 20 electric hubs will be installed across the country from March. Each hub will feature between 6 and 12 350kW chargers, adding up to 100 miles of range. Gridserve will also build two [...]
Watchdog confirms review of petrol market as record prices put pressure on drivers June 13, 2022 The UK's competition watchdog has announced it will undertake a review into petrol station pricing, after a week of pain at the pumps.
Action by competition watchdog frees leaseholders from costly contract terms December 22, 2021 Leaseholders of housebuilder Taylor Wimpey will no longer be subjected to ground rents that double every ten years after action by competition watchdog.