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FORGOTTEN HISTORY: 4 - Caught on Camera

Four major banks breached rules to help keep customers informed

Lloyds, TSB and AIB have confirmed they are making changes and HSBC has been issued with directions, the Competition and Markets Authority said.

The Independent UK

Nationwide faces competition inquiry over Virgin Money deal

Nationwide Building Society’s controversial £2.9 billion takeover of Virgin Money hit a potentially serious hiccup today when the Competition and Markets Authority launched a probe into the deal.

Evening Standard

UK Regulators Investigate Microsoft And Amazon AI Deals

British regulators investigate Microsoft and Amazon AI deals for potential anti-competitive behavior, prompting scrutiny in the rapidly evolving AI industry.

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More than 500 households released from contracts that doubled ground rents

The contracts these households faced were ‘problematic,’ the Competition and Markets Authority said.

Evening Standard

Homeowners can face high and unclear estate management charges, says watchdog

The Competition and Markets Authority raised concerns about charges for the management of facilities such as roads, drainage, and green spaces.

Evening Standard

UK infant formula at ‘historically high’ prices, says watchdog

Competition and Markets Authority launches full-scale investigation after finding costs have risen

The Guardian - UK

Vodafone and Three merger proposal isn’t as awful as it appears

Regulator should be pragmatic as three big players might provide more genuine competition

The Guardian - UK

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Buying bigger packs may not get best deal in UK supermarkets, says watchdog

Stores should make pricing for each unit clearer, says Competition and Markets Authority

The Guardian - UK

Freeholders living off ‘rentier structure’ with ‘exorbitant’ ground rent, MPs say

MPs questioned freeholder groups in committee hearing over leasehold reform bill

The Guardian - UK

Scrutiny of OpenAI and Microsoft relationship could affect how AI industry grows and innovates

The boardroom of OpenAI, the business that developed ChatGPT, has seen some turbulent times recently. But while the drama around the sacking and reinstatement of CEO Sam Altman has subsided, the company now faces investigation by the UK competitor authority – a regulator that’s been increasingly training its spotlight on…

The Conversation

Iceland boss hits out at parent ‘exploitation’ in baby milk market

Richard Walker calls for price cap on infant formula as competition watchdog finds evidence of greedflation

The Guardian - UK

Grocery brands accused of unjustified price rises

Usually, customers were able to avoid paying more by switching to own-brand products, but the watchdog noted one glaring exception

Evening Standard

UK competition watchdog to investigate baby formula market

CMA announces move after finding popular grocery brands put up prices on number of products faster than costs rose

The Guardian - UK

UK watchdog warns Adobe's $20 bn takeover of Figma could harm competition

The Competition and Markets Authority (CMA) said the an investigation into the planned deal found that it would wipe-out competition between two major players.

Evening Standard

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Evening Standard

CMA warns on Microsoft behaviour as it clears Activision merger

The boss of the competition regulator today issued a fierce missive to Microsoft as it finally cleared the tech giant’s blockbuster merger with Activision, ending a months-long battle to get the deal over the line.

The Independent UK

BBC and ITV investigated for suspected breaches of competition law

The Competition and Markets Authority has launched a probe.

The Guardian - UK

WTO slashes world trade forecast as manufacturing slowdown bites – as it happened

Rolling coverage of the latest economic and financial news, as WTO warns that global economic fragmentation is hurting trade growth

The Guardian - UK

Heathrow will have to cut passenger charges by about 20% in 2024

Airport, which had hoped to raise fees, loses appeal to UK competition watchdog in provisional ruling

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The Independent UK

UK vet sector under review amid worries over costs and competition

The Competition and Markets Authority said less than half of all vet practices are independent after intense consolidation in recent years.

The Independent UK

Microsoft submits new plan in £54bn takeover battle with UK competition watchdog

The Competition and Markets Authority had originally blocked the multibillion-dollar deal.

The Guardian - UK

Microsoft submits new Activision Blizzard deal to win over UK regulator

CMA opens new investigation into $69bn acquisition as tech firm offers to sell cloud gaming rights to Ubisoft

Evening Standard

Microsoft submits fresh Activision merger proposal after CMA rejection

The CMA said it will begin a new investigation with a deadline for a decision set for 18 October

Evening Standard

Monzo is UK’s best bank, Virgin Money and RBS the worst, says CMA survey

The Competition and Markets Authority’s latest satisfaction survey asked customers how likely they would be to recommend their provider to a friend, relative or other business

The Guardian - UK

UK’s CMA to hear more views on Microsoft’s Activision Blizzard deal

Competition and Markets Authority gives tech giant hope after it blocked acquisition of Call of Duty maker

The Independent UK

‘Quickie divorce’ services and wills come under competition watchdog’s spotlight

The Competition and Markets Authority is keen to hear about people’s experiences when buying services and products.

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