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The Latest Breaking News from CMA

Watchdog tells six high street banks to tighten up after breaking rules on customer information

Some customers will receive refunds after the CMA identified overcharging

Evening Standard

Six banks break rules on giving customers correct information

The Competition and Markets Authority said Lloyds, NatWest, HSBC, Barclays, Metro Bank and Bank of Ireland all breached the regulations.

The Independent UK

Airlines could be fined over ‘harmful practices’ fuelling UK airport chaos

Watchdogs tell carriers not to cause pain for passengers by overselling flights and failing to warn of cancellations

The Guardian - UK

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Pfizer fined £63 million for overcharging NHS for life-saving medication

The Competition and Markets authority said that the ‘excessive’ price hikes by Pfizer and Flynn had meant that ‘patients and taxpayers lost out’

Chronicle Live

Airlines accused of 'harmful practices' in how passengers are treated after flights axed

It includes selling more tickets for flights 'than they can reasonably expect to supply' and failing to give consumers 'sufficiently clear and upfront information about their rights'

Wales Online

Pfizer slapped with £63 million fine by CMA

Pharma firm Flynn was also charged £6.7 million as part of the CMA investigation

Evening Standard

Watchdog fines Pfizer and Flynn £70m for overcharging NHS for epilepsy drug

Penalties come after an in-depth investigation carried out by the Competition and Markets Authority

The Guardian - UK

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How some of the most-popular children's apps are sharing data in 'troubling' ways

Some of Australia's most popular entertainment apps for children contain risky code that allows companies to gather data on children and build profiles that can follow them for life, according to an organisation calling for bolstered privacy regulations.

ABC News

Petrol will be £10 cheaper per tank within two weeks according to AA

According to motoring association the AA, petrol prices could drop by £10 per tank within the next two weeks — though warned that customers may not see the full extent of savings

Glasgow Live

AA claims petrol prices should have fallen by extra 4p per litre in the last month

The wholesale price of petrol continues to drop - experts say that this is not being passed down at the pumps.

Daily Record

Competition watchdog announces 'cartel' probe into TV sports broadcasters

Competition and Markets Authority claimed it has “reasonable grounds” to suspect BT, ITV, Sky and IMG Media might have broken competition rules

Wales Online

Morrisons facing investigation over McColl's takeover

Competition watchdog to probe £190m rescue deal

Wales Online

CMA investigates sport broadcasters over ‘cartel-like behaviour’

Watchdog says it suspects possible breaches of competition law around purchase of freelance services

The Guardian - UK

Amazon faces investigation by CMA over suspected anti-competitive practices

The Competition and Markets Authority (CMA) is looking into whether Amazon may be giving an "unfair advantage" to itself and sellers that pay for its services

Manchester Evening News

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Wales Online

Reason behind record petrol and diesel costs is finally explained

A review by the Competition and Markets Authority has taken place

Daily Mirror

Supermarket is giving shoppers £5 off when you buy petrol - here's how it works

Asda hoppers will need to keep their petrol or diesel receipt and show it to a cashier before paying when they next make a purchase in stores - but they'll need to spend £40 or more

The Guardian - UK

Petrol prices: UK watchdog raises concerns over refinery margins

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

Chronicle Live

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

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news in one place.

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Wales Online

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

Evening Standard

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

The Independent UK

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

Birmingham Post

Investigation launched into €1.63bn Booking.com deal

The deadline for comments has been set at July 25

The Guardian - UK

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

Chronicle Live

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

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