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The Latest Breaking News from CMA

Petrol prices: UK watchdog raises concerns over refinery margins

CMA review found ‘on the whole the fuel duty cut appears to have been implemented’

The Guardian - UK

Amazon faces investigation over whether it is abusing its position in UK marketplace

Regulator to examine whether the online retailer gives an unfair advantage to its own businesses and third parties

Chronicle Live

Amazon Marketplace facing probe into retail platform's "unfair" sales practices

The service contains products supplied by the company’s own retail business, but a large proportion of the goods listed come from third-party sellers

Wales Online

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read the most diverse news in one place.

Amazon faces new probe from UK competition watchdog into Marketplace sales

Online retailer’s “buy box” at the centre of CMA investigation into business practices at the US giant

Evening Standard

Amazon investigated over concerns its shopping service gives consumers bad deal

Watchdog to look into claims online retail giant gives unfair advantage to its own business over others that use its platform

The Independent UK

Investigation launched into €1.63bn Booking.com deal

The deadline for comments has been set at July 25

Birmingham Post

Pump action? UK motorists await report on painful petrol prices

The regulator will rule on whether a 5p cut in duty has been passed on – but there are still many factors driving costs up

The Guardian - UK

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Petrol station staff report surge in verbal abuse over high fuel prices as costs soar

Drivers are being urged to not take their anger out on petrol workers over the soaring costs

Chronicle Live

Era of supermarket petrol price wars may be over as retailers lose appetite to cut prices

RAC says supermarkets reluctant to use fuel prices to entice customers into stores

Chronicle Live

Surge in verbal abuse towards petrol station staff as fuel costs soar

Motorists also warned supermarkets aren't cutting fuel prices to lure customers into stores

Wales Online

Fuel retailers are riding for a fall by raising prices

Barrel of Brent Crude dropped $10 last week on fears of global recession

Evening Standard

What exactly is the FCA investigating about Kristo Käärmann’s tax records?

And why did it take so long to act over Wise co-founder’s unpaid tax bill from 2017-18?

The Guardian - UK

Demolition contracts were ‘rigged’ through ‘illegal cartel agreements’

Competition and Markets Authority uncovers ten construction firms colluded in practice

Evening Standard

CMA provisionally finds construction firm cartels rigged £150m of contracts

The Competition and Markets Authority (CMA) said eight of the firms involved in the cartels have admitted to taking part.

The Independent UK

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Evening Standard

General counsel Cardell appointed interim boss at CMA

Recruitment process starts to find permanent replacement for outgoing Coscelli

StockNews.com

Should You Add Comerica Stock to Your Portfolio This Month?

Shares of Comerica (CMA) have been slumping so far this year, despite multiple benchmark interest rate hikes. As the commercial bank’s spreads increase due to the monetary tightening policies, is CMA an ideal investment now? Let’s find out.

The Guardian - UK

Minister’s call for inquiry into fuel prices may not be a political diversion

After government cut duty by 5p a litre, it’s worth wondering what supermarkets’ fuel profits are

Chronicle Live

Review into soaring UK fuel prices launched by competition watchdog

The 'short and focused' review is taking place as the price at the pump causes 'significant concern' for millions of people

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news in one place.

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Manchester Evening News

Urgent investigation into 'staggering' petrol costs launched as average pump price hits record high

Petrol prices have reached a record high, with the average cost of a litre of petrol sitting at 185.0p

The Independent UK

Fuel prices investigated by competition watchdog as petrol hits another record high

Record pump prices are causing ‘significant concern for millions’ says regulator

Wales Online

Soaring UK fuel prices to be reviewed by competition watchdog

Price at the pump causing 'significant concern' for millions of people

The Guardian - UK

UK petrol price rises could grind to a halt this week, says AA

Retailers accused of profiteering amid concerns they have not passed on recent cut to fuel duty

Wales Online

Watchdog urged to carry out urgent review of fuel duty cut amid rising petrol prices

This comes as the cost of filling an average family car has now hit a record £100

The Guardian - UK

Petrol prices: Kwasi Kwarteng orders inquiry into cost of filling up

Business secretary says people ‘rightly frustrated’ over 5p-a-litre cut not being passed on

Benzinga

British Antitrust Watchdog Comes After Apple, Google: All You Need To Know

Britain's antitrust body looked to probe the market dominance of Apple Inc (NASDAQ:AAPL), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's mobile browsers. The Competition and Markets Authority's (CMA) probe also encompassed the iPhone maker's restrictions on cloud gaming through its app store. The CMA also took enforcement action against Google over its app store payment practices. The CMA claimed that the two tech…

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