All the updated news related to competition and market authority

All the news related to competition and market authority updated in real time

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Personal Finance

Thousands of leaseholders released from ‘unjust and unwarranted’ terms

More than a dozen companies have removed “unjust and unwarranted” terms for homeowners which make it difficult for them to sell their property, sometimes trapping them in unaffordable homes. The competition watchdog said it had agreed with 15 ...

18 Mar 2022 at 01:25

City

Barclays criticised over wrong information to price comparison sites

Barclays has been criticised by the competition authority for a series of mistakes it made when supplying information to price comparison websites. The Competition and Markets Authority (CMA) said that it had found 13 breaches by the bank of ...

21 Mar 2022 at 14:25

City

Emergency services software deal under scrutiny by competition watchdog

A major supplier of software to emergency services must provide undertakings that ambulance trusts, police forces and fire and rescue services will not be ripped off following a recent merger, the competition watchdog has said. The ...

29 Apr 2022 at 09:25

Fines needed to enforce consumer laws on social media platforms, MPs told

Fines to enforce consumer protection laws around influencer advertising on social media platforms would be an “important addition” for UK regulators, the competition watchdog has told MPs. Competition and Markets Authority (CMA) ...

27 Jan 2022 at 12:55

Cladding: Minister orders probe into ‘crippling’ insurance costs for residents

The insurance market is not working properly for residents stuck in buildings with unsafe cladding, and many have seen their premiums double in just a year, Communities Secretary Michael Gove has said. In a letter to the ...

28 Jan 2022 at 09:25

City

CMA breaks up waste merger between Veolia and Suez

The competition watchdog has stepped in to break up a waste management megamerger which it was worried could have led to higher charges for local councils. Veolia will be forced to sell off most of the operations it got ...

25 Aug 2022 at 09:34

City

BT, Sky and ITV among sports broadcasters probed for ‘cartel-like behaviour’

The competition watchdog has launched an investigation into potential cartel-like behaviour by some of the UK’s biggest sports broadcasters. The Competition and Markets Authority (CMA) said it has “reasonable grounds” ...

14 Jul 2022 at 16:08

Airlines accused of ‘harmful practices’ in treatment of passengers

Airlines have been accused of “harmful practices” in their treatment of passengers affected by disruption. The Competition and Markets Authority (CMA) and the Civil Aviation Authority (CAA) have issued a joint letter ...

21 Jul 2022 at 12:37

Priti Patel ‘urges police to use new powers against fuel duty protesters’

The Home Secretary has called on police to use tough new powers which include imprisonment to stop fuel protesters bringing gridlock to motorways and major A-routes across the UK. The new measures to tackle ...

05 Jul 2022 at 03:39

Music streaming market is offering ‘good outcomes’ for consumers, watchdog says

Streaming now dominates the music industry, but it is delivering a good range of choices for consumers, an initial analysis by the competition watchdog says. The Competition and Markets Authority (CMA) ...

26 Jul 2022 at 15:25

City

JD Sports posts record profits but warns economic woes will hold back growth

Scandal-hit retailer JD Sports Fashion has unveiled a record £947.2 million annual profit haul, but warned that earnings will remain flat in the current financial year amid the cost-of-living crisis. ...

22 Jun 2022 at 12:08

City

Kwarteng asks former Boston consultant to lead the competition watchdog

Ministers have picked a new chairman from the business world to lead the UK’s competition watchdog after its outspoken former boss stepped down in frustration. Marcus Bokkerink, a former consultant, ...

31 May 2022 at 13:43

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