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The Latest Breaking News from Sarah Cardell

Google faces more scrutiny as UK watchdog flexes new digital competition powers

Britain’s competition watchdog says it’s investigating Google’s search ad business, adding to global scrutiny that the U.S. tech giant is facing

The Independent UK

UK watchdog launches full investigation into vet fees for pet owners

Inquiry follows concern over rising treatment costs and could cap prescription fees or break up pet-care chains

The Guardian - UK

The big tech firms want an AI monopoly – but the UK watchdog can bring them to heel

Microsoft, Meta and Google are snapping up small players in the burgeoning industry – but the Competition and Markets Authority is demanding fair play

The Guardian - UK

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Competition under threat as cloud giants selectively invest in startups, watchdog says

Dominating cloud companies are getting even more attention from the CMA, this time in the terms of artificial intelligence.

TechRadar

UK has real concerns about AI risks, says competition regulator

Concentration of power among just six big tech companies ‘could lead to winner takes all dynamics’

The Guardian - UK

UK competition watchdog to investigate baby formula market

CMA announces move after finding popular grocery brands put up prices on number of products faster than costs rose

The Guardian - UK

The FTC said last month that it plans to restart an in-house trial against Microsoft over the acquisition after the Ninth Circuit issues an opinion regarding the agency’s appeal of an earlier U.S. District Judge’s ruling in Microsoft’s favor.

British regulators sign off on Microsoft's Activision Blizzard deal, but blast the software giant for 'dragging out the proceedings.'

The Street

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JP Morgan CEO warns world may be facing most dangerous time in decades – business live

Jamie Dimon says war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships

The Guardian - UK

Microsoft completes $69bn deal to buy Call of Duty maker Activision Blizzard

Completion of sale follows regulator’s decision to allow it after competition concerns were addressed

The Guardian - UK

‘Eye-watering’ vet bills at chain-owned surgeries prompt UK watchdog review

Competition regulator fears fewer independent practices mean pet owners have less chance to shop around

The Guardian - UK

UK vet sector under review amid worries over costs and competition

The Competition and Markets Authority said less than half of all vet practices are independent after intense consolidation in recent years.

The Independent UK

UK competition watchdog raises concerns over housing market

Some landlords could be breaching consumer protection rules, while CMA is also investigating land held by largest housebuilders

The Guardian - UK

‘Quickie divorce’ services and wills come under competition watchdog’s spotlight

The Competition and Markets Authority is keen to hear about people’s experiences when buying services and products.

The Independent UK

Food price inflation not driven by weak supermarket competition, says watchdog

The Competition and Markets Authority said there was evidence of stronger price competition between supermarkets than in the fuel market.

The Independent UK

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The Independent UK

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 Week

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.

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’

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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

Supermarket bosses face grilling on fuel prices from watchdog

CMA says it has found evidence retailers are putting up petrol and diesel prices to unnecessarily high levels

The Guardian - UK

UK’s competition watchdog aims for leading global role

Ruling against Microsoft Activision merger looks like warning shot as CMA takes on task of regulating big tech after Brexit

The Independent UK

Microsoft's 'good guy' approach frays in UK gaming battle

Microsoft’s charm offensive with the world’s governments is starting to lose some of its luster as the software giant is confronting its toughest antitrust scrutiny since co-founder Bill Gates was in charge

PC Gamer

Gobsmacked Microsoft president says UK's regulator blocking the Activision deal is company's 'darkest day'

The decision is "bad for Britain" says Brad Smith, not at all ominously.

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

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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