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The Latest Breaking News from CMA

Sunak lashes out at Scottish Government as he's challenged on 'cost of greed crisis'

RISHI Sunak responded to an SNP call for action on the “cost of greed crisis” over supermarket prices by lashing out at the Scottish…

The National (Scotland)

Why food prices remain ‘worryingly high’ despite inflation falling

Consumers are continuing to face soaring prices for cupboard essentials, even as overall inflation eases

The Independent UK

This basket shows exactly how much food prices have risen in a year

The ONS has published examples of how the annual rate of inflation for everyday food and drink items has risen or fallen in the past year

Wales Online

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How food inflation is taking centre stage in the cost of living crisis - OLD

Consumers are continuing to face soaring prices for cupboard essentials, even as overall inflation eases.

The Independent UK

Major banks shared sensitive bonds information in online chats, CMA finds

Traders at five banks found to have discussed British government bond trading between 2009 and 2013

The Guardian - UK

The Guardian view on England’s water companies: a badly broken system

Editorial: Ministers were warned about the risks of private equity entering the sector but did nothing. Now we’re paying the price

The Guardian - UK

Microsoft News Roundup: Activision Blizzard deal approved by EU, Bing Chat changes, Mortal Kombat 1, and more

The EU approving the purchase of Activision Blizzard and the official announcement of Mortal Kombat 1 are just some of this week's biggest stories.

Windows Central

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Revealed: warning to ministers over privatised water kept secret since 2002

Author calls for disclosure of his report that ‘shows why private equity dominance in England has proved so disastrous’

The Guardian - UK

Microsoft, Activision and the battle with competition tsars

In a “striking show of leniency by a notoriously tough regulator”, the European Commission has approved Microsoft’s $69bn megadeal with games-maker Activision Blizzard, said DealBook in The New York Times – just weeks after the UK’s competition regulator threw it out.

The Week

UK chancellor wags his finger at CMA after Activision acquisition block, urging it to 'understand its wider responsibilities'

Jeremy Hunt's comments come after Microsoft lauded the EU as "more attractive place" to do business than the UK.

PC Gamer

Microsoft president clarifies EU cloud agreement, popular games will be 'automatically' licensed to competitors and 'this will apply globally'

This is what got the Activision Blizzard deal over the line with EU regulators.

PC Gamer

The CMA's handling of the Xbox-ABK deal is creating a political headache for the UK government

The strange logic of the UK's regulatory body known as the CMA is creating a political headache for the UK government, whose pledges on deregulation now look comical.

Windows Central

Bad news for diesel drivers who 'should be paying 20p less' amid watchdog report

Motoring experts have issued a fuel warning as diesel is still significantly overpriced at the pumps.

Daily Record

Satya Nadella: 'Wait for it all to play out' when asked about pulling out of the UK over Xbox-ABK deal

As the storied effort of Microsoft to acquire Activision Blizzard continues and theories fly left and right, we've got some additional commentary from Microsoft CEO Satya Nadella regarding the situation.

Windows Central

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PC Gamer

UK MPs question why the CMA blocked Microsoft's $68.7B Activision Blizzard deal, CMA says it won't be 'turning a blind eye to anti-competitive mergers'

"It would constrain how the market would evolve going forward."

The Guardian - UK

UK watchdog denies it blocked Microsoft deal on orders of US regulator

CEO of Competition and Markets Authority tells MPs decision not to allow acquisition of Activision Blizzard based on ‘own analysis’

Evening Standard

Call to ‘name and shame’ supermarkets inflating fuel prices for profit

Liberal Democrat MP Sarah Olney said it was ‘shocking’ that that there was evidence of at least one company ‘profiteering off the cost of living crisis’

The Guardian - UK

CMA denies blocking Microsoft-Activision deal is bad for UK’s reputation; unemployment rises – as it happened

Turning a blind eye to anti-competitive deals wouldn’t improve UK’s reputation as good place to do business, suggests Competition and Markets Authority

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news in one place.

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USA Today Sports Media Group

EU commission approves Microsoft’s Activision-Blizzard acquisition

The EU anti-competition commission has approved Microsoft’s purchase of Activision-Blizzard and believes it will boost the cloud sector

The Independent UK

Competition watchdog launches probe into supermarkets over record food and fuel prices

Big chains not ‘sufficiently forthcoming’ with inquiry into stubbornly high petrol and diesel prices

Evening Standard

EU approves Microsoft’s Activision takeover in break with UK competition watchdog

The CMA blocked the deal last month

AFP

EU backs Microsoft's Activision Blizzard takeover

Brussels (AFP) - The EU on Monday gave the green light to Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard, just weeks after the British competition regulator put the deal at risk by blocking it.

PC Gamer

EU approves Microsoft's $68.7 billion acquisition of Activision Blizzard

The deal still faces hurdles in the UK and US, but this is a big boost for Microsoft.

Daily Mirror

Microsoft Activision Blizzard deal approved by EU regulators as CMA issue response

The EU regulators have approved the Microsoft Activision deal despite agreeing with the CMA's concerns around cloud gaming

Windows Central

European Commission approves Microsoft's Activision Blizzard purchase for Xbox

The European Commission has chosen whether or not to allow Microsoft's purchase of Activision Blizzard.

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