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The Latest Breaking News from Competition and Markets Authority

Best and Worst Banks Revealed – And Lloyds and NatWest Didn’t Make the Cut

The Competition and Markets Authority (CMA) has released its latest survey rankings, spotlighting the banks that are excelling and those that are falling short.

The Fashion Central

Apple and Google’s mobile ecosystems investigated by competition watchdog

The Competition and Markets Authority will investigate the firms under new digital market laws.

The Independent UK

Chair of competition watchdog steps down after Labour intervention

Marcus Bokkerink’s departure said to be part of effort to establish UK’s pro-growth agenda for leaders at Davos

The Guardian - UK

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Supermarket loyalty cards give genuine savings, says watchdog

Competition and Markets Authority finds 92% of loyalty-price items are real deals, but urges people to shop around

The Guardian - UK

Google reverses its stance on deprecating third-party cookies in Chrome, but users get an option to disable the 'crumbs'

Google has changed its mind about its privacy sandbox on Chrome, and will keep supporting cookies.

Windows Central

Microsoft might not realize its iPhone moment with AI if regulators continue to reign down on its parade

UK-based Competition and Markets Authority (CMA) has launched a preliminary investigation on Microsoft's investments, partnerships, and advances in the AI landscape.

Windows Central

Google is dragging its feet on killing third-party cookies yet again

Google keeps putting off the death of third-party cookies in Chrome.

Android Central

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Competition watchdog accuses UK’s top housebuilders of ‘sharing commercially sensitive information’

The Competition and Markets Authority (CMA) also called for a “streamlined” planning system and greater consumer protections

Evening Standard

Profiteering fears as global investment firms increase stakes in England’s child social care

Observer investigation finds homes backed by private equity more than doubled in five years, with Qatar and Abu Dhabi sovereign wealth funds among investors

The Guardian - UK

Sharp cut in fuel prices after retailers given ‘good prod’ by regulator, AA says

Average petrol prices dropped twice as fast following a Competition and Markets Authority report.

The Independent UK

Microsoft submits report to CMA in bid to lift the UK's block on Activision Blizzard acquisition

Microsoft has given its final report to the UK's Competition and Markets Authority to end the block on its planned acquisition of Activision Blizzard.

TechRadar

Fuel retailers to be forced to provide price data to stop drivers being ripped off

It comes as the Competition and Markets Authority (CMA) watchdog found drivers paid an extra 6p per litre for fuel last year amid increased supermarket profit margins

Daily Mirror

Drivers ‘paying 6p a litre more on petrol because supermarkets hiked margins’

Watchdog says average supermarket margins rose by 6p per litre between 2019 and 2022

The Independent UK

Diesel prices fell by nearly 12p a litre in UK in May, figures show

Despite record reduction RAC says cut should have been even greater to fully reflect changes in market

The Guardian - UK

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The Independent UK

Record 12p monthly fall in diesel prices

The RAC said the average price of the fuel at UK forecourts dropped from 158.9p to 147.0p in May.

The Guardian - UK

No 10 hits back at Microsoft after company says EU ‘more attractive’ post-Brexit after takeover blocked – as it happened

Live coverage of business, economics and financial markets as US tech company heavily criticises UK’s Competition and Markets Authority

Wales Online

Letter sent to competition regulator over fears St David's Hall deal could lead to venue monopoly

Live Nation currently operates the Cardiff International Arena and will be joint operator of the new Cardiff Bay arena

Evening Standard

Watchdog launches probe into ‘greenwashing’ claims covering a range of everyday items

Competition and Markets Authority sets its sights on false environmental premiums on food and drink

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The Independent UK

Drivers missing out in pump price wars

The AA said retail giants engaged in competitive pump price cuts are primarily in northern England, Northern Ireland and Wales.

The Independent UK

Competition watchdog prioritises work towards market study into homebuilding

The Competition and Markets Authority is considering launching the study soon.

Insider UK

Poultry firm deal 'could mean higher costs for farmers', Competition and Markets Authority warns

Edinburgh-based 2Agriculture planning joint venture with ForFarmers

The Guardian - UK

UK pharmacists report sharp rise in prices for strep A antibiotics

Concerns raised over pharmacists’ losses as market prices outpace NHS reimbursement tariffs

The Conversation

Four in five of the children’s homes in England are run for profit – here's why that is a problem

The John Lewis Christmas ad has been an annual, headline-grabbing event in the UK since the retailer first launched a seasonal TV campaign in 2007. To date it has variously featured a pet penguin, a talking dragon and a trampolining dog. Its 2022 iteration, however, has garnered serious attention for…

Asharq Al-Awsat

Meta Accepts UK Order to Sell Giphy after Antitrust Battle

Britain's competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority's (CMA) order to unwind the 2020…

Evening Standard

Asda takes battle to rivals with convenience store launches

Sites to open in Tottenham and Birmingham as part of UK push as supermarket waits on Co-op deal

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