Ignore the ideologues, we should take our time to get rid of EU laws and do it right May 23, 2023 Kemi Badenoch did right in facing down the critics and moving the goalposts to scrap EU legislation. We need to have enough time to ensure we do it the right way, writes Bim Afolami
Watchdog says Morrisons takeover could lead to higher fuel prices in more than 100 locations March 24, 2022 The competition watchdog has said Morrisons’ blockbuster private equity takeover could lead to higher fuel prices. Clayton, Dubilier & Rice (CD&R)’s £7bn takeover of the supermarket could lead to higher fuel prices in 121 locations where both firms own forecourts, the regulator said. The Competition and Markets Authority (CMA) said it has concerns about the [...]
Explainer-in-brief: Europe proves a hostile market for Big Tech March 14, 2022 European and UK regulators have teamed up for the second time in less than a year to crack down on tech giants skirting anticompetitive practices. On Friday, the Competition and Markets Authority in the UK and the EU Commission launched a probe into an online advertising deal between Google and Meta to allegedly shut out [...]
CMA launches probe into £1.9bn merger between National Express and Stagecoach January 26, 2022 The UK competition watchdog said this morning it has launched an investigation into the £1.9bn merger between National Express and Stagecoach due to concerns over the tie-up. The Competition and Markets Authority (CMA) said it had served a so-called initial enforcement order, which stops the companies from fully combining while it considers the deal. Stagecoach [...]
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 [...]
Ex-BCG partner Marcus Bokkerink tipped as next competition watchdog chair May 31, 2022 Retired senior partner at Boston Consulting Group has been named as the next chair of Britain's competition watchdog.
Tesco, Sainsbury’s face calls for investigation into ‘profiteering’ as prices soar May 2, 2023 An inquiry should be commissioned into whether supermarkets have been “profiteering” during the cost-of-living crisis, the Liberal Democrats have said. Party leader Sir Ed Davey is calling for the competition watchdog to start an investigation into whether food retailers put up the price of goods by more than was necessary to cover the cost of [...]
Union to ballot 150,000 civil servants on plans for public sector strike September 26, 2022 The public sector workers’ union is set to ballot more than 150,000 civil servants on plans to strike over pay and working conditions. The Public and Commercial Services Union (PCS) said it is urging its members in 214 government departments to vote in favour of taking industrial action, after the UK government set out plans [...]
Thousands more homeowners to be refunded after ground rents doubled August 24, 2022 Press Association Thousands more homeowners who paid a doubled ground rent on their property will receive a refund after the competition watchdog cracked down on “unfair” leasehold practices. More than 5,000 households in the UK will be compensated after being caught in contracts that saw their ground rents double in price every 10 years. Many [...]
Competition watchdog ‘raids’ Mitie Group’s London HQ over immigration centre contract investigation March 30, 2022 The Competition and Markets Authority (CMA) ‘raided’ the offices of outsource company Mitie, over concerns about alleged anti-competitive behaviour. The firm’s London premises were reportedly looked according to the Guardian, regarding its reported relationship with US company PAE, in trying to get contracts for immigration removal centres (IRC). This comes after the CMA launched an [...]