All the updated news related to competition and markets authority

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

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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 Competition and ...

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) senior director ...

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 Financial Conduct ...

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 in the UK when ...

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” to suspect that ...

14 Jul 2022 at 16:08

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 non-violent ...

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) said 80% of ...

26 Jul 2022 at 15:25

Microsoft’s Activision Blizzard takeover faces further competition investigation

Microsoft’s proposed 68.7 billion dollar (£59.4 billion) takeover of games publisher Activision Blizzard could lead to competition concerns and requires a more in-depth investigation, the UK’s competition ...

01 Sept 2022 at 14:00

City

Hearing implant merger ‘could lead to higher prices for NHS’, watchdog warns

The UK competition watchdog has warned that a merger of two hearing implant firms “could lead to higher prices for the NHS”. The Competition and Markets Authority (CMA) said Cochlear’s proposed purchase ...

06 Dec 2022 at 09:45

CMA to scrutinise supermarket product unit pricing

The competition watchdog will scrutinise supermarket unit pricing to ensure retailers are sticking to rules that help consumers accurately compare products. The Competition and Markets Authority (CMA) ...

31 Jan 2023 at 12:07

City

Asda and EG Group merger would be deeply irresponsible, union says

A union representing workers at Asda has said a potential merger of the supermarket with EG Group’s UK petrol stations could risk jobs, food supplies and monopolise petrol stations across the UK. The ...

27 Apr 2023 at 14:24

Chancellor to meet watchdogs amid concerns over profiteering from inflation

Chancellor Jeremy Hunt will question consumer watchdogs on Wednesday over what powers they can use to help lower prices as concerns grow that firms are exploiting rampant inflation to boost their ...

28 Jun 2023 at 02:45

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