JD Sports instructed to sell Footasylum after competition concerns November 4, 2021 The competition watchdog has instructed JD Sports to sell Footasylum. The Competition and Markets Authority said that the takeover could lead to a worse deal for Footasylum’s customers. As Footasylum would no longer face competition from JD Sports, customers would have fewer options and could face higher prices, fewer discounts, and less choice of products [...]
As Octopus reaches its tentacles into Bulb, a new Big Six is on the horizon November 3, 2022 Octopus Energy's takeover of Bulb signals the creation of a new Big Six, and an increasingly difficult market for challengers.
Exclusive: Competition watchdog to unveil open banking regulatory committee after fintech pressure March 25, 2022 The competition watchdog is set to unveil a new committee of regulators tomorrow to oversee the rollout of open banking technology, after sustained pressure from fintechs.
JD Sports’ chair steps down after City watchdog fine for covert car park meeting May 25, 2022 JD Sports’ executive chairman Peter Cowgill is to step down from his role with immediate effect, the sportswear brand has announced. The London-listed retailer said it had opted to accelerate a separation of the roles of chair and chief executive. Cowgill’s departure follows JD Sports and its rival Footasylum being slapped with fine worth almost [...]
BREAKING: Competition watchdog probes capacity sharing deal between P&O Ferries and DFDS November 12, 2021 A capacity sharing agreement between P&O Ferries and DFDS is being probed by the UK competition regulator. In May, the two ferry operators entered a mutual space charter agreement on the Dover-Calais route in an effort to shorten freight customers’ waiting times. The agreement was also intended to help improve the flow of traffic on [...]
Petrol prices spike to record highs despite falling wholesale costs for retailers June 27, 2022 Petrol prices broke records again this weekend, despite falling wholesale costs and a slump across the two major oil benchmarks.
Regulators call on airlines to comply with consumer law if they want to avoid enforcement July 21, 2022 The Civil Aviation Authority (CAA) and the Competition and Markets Authority (CMA) have warned airlines they could face enforcement action if they fail to comply with consumer law. In a joint letter sent to carriers today, the regulators said they were concerned about consumers experiencing harm “unless airlines meet their obligations” and “minimise flight disruption [...]
Independent music companies continue to call on competition watchdog to address streaming platforms January 5, 2022 Independent music companies are calling on the competition watchdog to look into streaming platforms renumeration structures as pressure begins to mount on the industry.
Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? June 24, 2024 Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.
Microsoft’s $16bn Nuance bid secures EU antitrust approval December 21, 2021 Microsoft's $16bn (£12bn) bid for AI company Nuance has won approval from the European Commission following an antitrust probe.