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The Latest Breaking News from Competition and Markets Authority

Simon Jordan floats Rangers defence after merchandise price fixing fine as he makes 'two sided argument' case

Rangers Football Club, Elite Sports and JD Sports were hit with sanctions totalling £2m by the Competition and Markets Authority.

Daily Record

Rangers hit with fine for price fixing merchandise as club and sports stores rack up £2m sanction

The Competition and Markets Authority have concluded their investigation into the club, JD Sports and Elite Sports.

Daily Record

Which? wants probe into printer ink which can cost 'seven times more than Dom Perignon champagne'

Consumer champion Which? wants the Competition and Markets Authority to look into the price of branded inks and the use of "dynamic security".

Wales Online

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Blow to Microsoft as takeover of Call of Duty maker Activision faces watchdog investigation

The Competition and Markets Authority said it feared the deal would damage the video games market

Evening Standard

Asos, Boohoo and George at Asda investigated over eco-friendly claims

UK regulator will scrutinise brands to discover whether sustainability claims constitute greenwashing

The Guardian - UK

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

Reason behind record petrol and diesel costs is finally explained

A review by the Competition and Markets Authority has taken place

Wales Online

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Microsoft's Blizzard Activision bid faces UK antitrust probe

Microsoft’s purchase of video game publisher Activision Blizzard faces antitrust scrutiny in the U.K., where competition regulators say they’ve opened an initial inquiry into the $69 billion deal

The Independent UK

Boots £5bn sale abandoned; Heathrow landing fees to fall; petrol at new record – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Government declines to say whether people will get any more help on cost of living

It comes after Boris Johnson said people were looking to the Government to do more

Wales Online

Fuel retailers accused of profiteering as UK petrol prices hit record

Petrol reached new high of 191.05p a litre on Sunday, further fuelling cost of living crisis

The Guardian - UK

Fuel retailers accused of not passing on petrol price drop quick enough to motorists

The RAC claimed significant drop in wholesale petrol costs meant companies had 'clear opportunity' to stop continuously hiking pump prices

Chronicle Live

Tesco petrol station selling fuel for 52.95p a litre - sadly, it's just a toy

In real life, petrol has hit an average of 191.1p a litre

Wales Online

Retailers accused of 'protecting profits' as petrol reaches new high despite wholesale fall

It's been called 'rocket and feather pricing'

Wales Online

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Evening Standard

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

Competition and Markets Authority uncovers ten construction firms colluded in practice

Benzinga

Athleisure Retailer JD Sports Undergoes Corporate Governance Rejig As Planned

JD Sports Fashion PLC (OTC:JDSPY) appointed Helen Ashton as the interim Non-Executive Chair and Kath Smith, senior independent director, as interim CEO as Peter Cowgill departed on May 25. The athleisure retailer previously disclosed corporate governance rejig involving the split the role of CEO and Chair and conducting a search for CEO and…

Daily Mirror

Competition watchdog called in to urgently review fuel market over 'predatory pricing'

Business Secretary Kwasi Kwarteng has written to the Competition and Markets Authority, who will probe the industry following concerns drivers aren’t getting a fair deal

Daily Mirror

Apple and Google's 'stranglehold' in UK limiting Brits' mobile phone choices - watchdog

Apple and Google have been criticised by The UK’s Competition and Markets Authority for pushing their own services to users and edging out competition in the market

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The Guardian - UK

Apple and Google’s mobile browser ‘stranglehold’ may face UK investigation

‘Effective duopoly’ holds back Britain’s tech sector and restricts customer choice, says CMA

The National (Scotland)

Dave King responds to CMA Rangers probe over Ibrox kit sales after 'cartel' allegations

DAVE KING is '100 per cent certain' that Rangers will be cleared of any wrongdoing after the Competition and Markets Authority released their report…

The National (Scotland)

The key questions as 'cartel activity' allegations surround Rangers kit sales

WHEN it comes to Rangers and their retail arrangements, it seems that nothing is ever simple. Now there is another twist in the tale.

Evening Standard

JD Sports faces £2m fine for price-fixing of football kits

JD Sports is set be fined up to £2 million by the Competition and Markets Authority over price-fixing of Rangers replica kits.

Benzinga

BT-Warner Bros Discovery Sports Deal Invites UK Antitrust Inspection

BT Group Plc's (OTC:BTGOF) £633 million ($797 million) sports TV joint venture with Warner Bros Discovery, Inc (NASDAQ:WBD) is subject to antitrust scrutiny from the U.K.'s competition watchdog, Bloomberg reports. The Competition and Markets Authority enquired whether the transaction could raise competition concerns. Accordingly, CMA will decide whether to move to an in-depth probe…

Benzinga

Britain Competition Watchdog Launches Second Probe On Google

Britain's competition regulator launched its second probe into the advertising practices of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google for allegedly distorting competition and illegally favoring its services, Reuters reports. The Competition and Markets Authority examined three critical parts of the ad tech stack chain, services that mediate ad tech since Google owned the largest…

Evening Standard

JD Sports boss quits after £4.3 million CMA fine

The Executive Chairman of JD Sports has quit the company after it was fined £4.3 million by the Competition and Markets Authority (CMA).

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