Competition watchdog accepts Google privacy changes February 11, 2022 The UK competition watchdog has accepted Google’s changes to its privacy sandbox, following a year-long investigation into the tech giant. The Competition and Markets Authority (CMA) launched the inquiry in January 2021 over concerns that Google’s privacy sandbox – a set of new web standards that aim to protect people’s privacy more – would cause [...]
UK’s tech regulator backtrack sparks mixed reactions across the City May 3, 2022 Reports that the government has backtracked on strengthening the role of the UK’s tech regulator has sparked mixed reviews from the City today.
UK competition watchdog launches antitrust probe into BT’s Warner Bros Discovery tie-up June 1, 2022 UK competition watchdog has launched an investigation into BT's 50:50 joint venture with US media giant Warner Bros Discovery.
‘Greedflation’ not to blame for UK price surge, former rate setter claims May 15, 2023 “Greedflation” is not to blame for prices surging in the UK and instead businesses are pushing up prices in response to soaring costs, a former Bank of England rate-setter claimed today. Michael Saunders, an ex-member of the monetary policy committee – the nine strong group that sets interest rates in Britain – and now senior [...]
DPD finalises CitySprint acquisition following CMA approval January 11, 2022 Parcel delivery giant DPD has completed the acquisition of UK same-day delivery firm CitySprint, following the Competition and Markets Authority’s (CMA) approval of the deal on 16 December. “This transaction makes genuine sense for both parties and we are delighted to have completed the acquisition,” said Elaine Kerr, DPD UK’s chief executive. “Same day delivery is [...]
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 [...]
Number 10 renews threat to petrol retailers who don’t pass on fuel duty cut June 8, 2022 Downing Street has renewed threats to name and shame petrol retailers not handing on a 5p cut in fuel duty to customers as UK prices reach almost £2 a litre. Boris Johnson’s spokesman today said the government wants this year’s fuel duty cut to be “passed on at all sites and petrol stations”, but that [...]
Complaints from EU push Amazon to allow two-click cancellation for Prime July 1, 2022 Amazon have made it easier for users to cancel their Prime subscriptions in just two clicks after consumer groups took their grievances about the e-commerce giant to the EU last year. The European Consumer Organisation (BEUC), the Norwegian Consumer Council and the Transatlantic Consumer Dialogue criticised Amazon for pushing users to go through a number [...]
Competition watchdog launches first phase of Morrisons takeover probe January 27, 2022 The Competition and Markets Authority (CMA) launched the first phase of its probe into the takeover of Morrisons by a US private equity giant today. The £7bn deal, which was completed in October, saw Clayton, Dubilier & Rice Holdings (CD&R) remove Morrisons from the London Stock Exchange. The move prompted the CMA to order the [...]
Teasing supermarket execs won’t stop inflation, it’s suppliers we need to grill June 28, 2023 Supermarket bosses are an easy shot, but its suppliers making profits which would dwarf those of Tesco or Sainsbury's.