JD Sports prepares for £2m bill after watchdog finds it broke law by fixing Rangers FC merch prices June 7, 2022 JD Sports may face a hefty penalty after the competition watchdog found it broke rules by fixing retail prices of some Rangers Football Club branded clothes. The Competition and Markets Authority (CMA) said it had provisionally found that Elite Sports and JD Sports fixed the retail prices of a number of Rangers-branded replica kits and [...]
Google gears up for £20bn ‘ad tech’ claim that it pushes revenues away from newspapers September 13, 2022 Google is being sued for up to €25bn (£21.6bn) over claims it has deprived other sites from obtaining billions of pounds in advertising revenues. The class action complaints from both UK and the Netherlands argue that the Silicon Valley giant used its advertising tech to unfairly sideline publishers, like newspapers, magazine and blogs. The main [...]
Kwarteng intervenes in China-linked takeover of UK-based graphene firm on security grounds May 12, 2022 Kwasi Kwarteng yesterday triggered a further review of a proposed China-linked takeover of a UK-based graphene firm.
Virgin Money lending dips in run-up to Nationwide takeover August 2, 2024 Virgin Money's lending to customers dropped by one per cent last quarter as the group prepares to be taken over by Nationwide imminently.
Amazon hit with ‘biggest ever’ UK class action in £1bn legal case June 6, 2024 The 'biggest ever' class action will be filed to a London Tribunal against Amazon over allegation it has illegally misused data and manipulated its Buy Box
UK competition watchdog directs Facebook to sell Giphy November 30, 2021 The Competition and Markets Authority (CMA) has today concluded that Facebook’s acquisition of Giphy would reduce competition between social media platforms and that the deal has already removed Giphy as a potential challenger in the display advertising market.
Heathrow finally breaks post-pandemic record as chief steps down October 11, 2023 Heathrow Airport's passenger numbers surpassed pre-pandemic levels for the first time in September, marking a major milestone in its road to recovery.
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.
Vodafone’s merger with Three is an open and shut case of a monopolistic power June 19, 2023 A merger between Vodafone and Three, two of the biggest telecoms companies in the UK will drive up prices for consumers and kill competition, writes Max von Thun
UK government set to speed up regulation of AI models like ChatGPT and Google Gemini April 15, 2024 New legislation would likely limit the production of large language models such as ChatGPT and Google's Gemini.