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 [...]
EG Group to divest some petrol filling stations after watchdog concerns October 5, 2021 Petrol station forecourt operator EG Group has announced it will divest 27 petrol filling stations. The group – owned by the billionaire Issa brothers – said it had entered into a binding agreement to divest more than two dozen stations across the country to Park Garage Group. It comes after the competition watchdog expressed concerns [...]
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 [...]
PCR test firm for travel being investigated over results, refunds and service September 3, 2021 One of the UK’s largest and cheapest PCR test companies focussed on travel is under investigation by the competition watchdog over several service failings. Expert Medicals faces allegations that tests and results were not provided in a timely manner, or at all in some cases, bosses failed to respond to complaints and refunds were not [...]
‘Pump-price competition is broken’: AA disagrees with watchdog’s verdict that 5p tax duty cut WAS passed on at the pump July 8, 2022 Motoring groups have disagreed with Competition and Markets Authority’s verdict that the 5p fuel duty cut was reflected in pump prices, as the watchdog calls for further investigation and more transparency. The CMA’s urgent review, ordered by Business Secretary Kwasi Kwarteng, found an increase “refining spread” added 24p a litre to petrol and diesel over [...]
Seedrs boss hits out at regulators for stifling growth April 6, 2022 The boss of crowdfunding firm Seedrs has hit out at UK regulators today claiming they are stifling the potential of UK startups.
UK antitrust chief relies on EU in global drive to regulate big tech November 26, 2021 The head of Britain’s antitrust watchdog said he plans to pick his battles with tech companies carefully as the EU takes a leading role.
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.
UK regulator on course to block Meta’s Giphy deal November 29, 2021 The UK's competition regulator is reportedly planning to block Meta's Giphy deal as it amps up pressure on Big Tech.
Facebook fails to block antitrust lawsuit over WhatsApp and Instagram ownership January 12, 2022 Meta faces another blow as it loses its attempt to dismiss a US Federal Trade Commission (FTC) antitrust lawsuit, which could force it has to sell WhatsApp and Instagram.