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UK Competition & Markets Authority Updates

Latest competition law updates from UK Competition & Markets Authority

UK Competition & Markets Authority

CMA Raises Local Competition Concerns in Barratt's Acquisition of Redrow Homes

The Competition and Markets Authority (CMA) identified competition issues in a local area surrounding Barratt's purchase of Redrow Homes, potentially affecting homebuyers in the vicinity.

UK Competition & Markets Authority

CMA Clears Sugar Deal to Prevent Closure of Tereos' UK Retail Business

The Competition and Markets Authority provisionally approves T&L Sugars Limited's acquisition of Tereos UK & Ireland's retail sugar business to prevent the closure of Tereos' struggling UK retail business.

UK Competition & Markets Authority

CMA's Investigation Leads to Changes in Simba Sleep's Online Sales Practices

Simba Sleep agrees to alter its online sales tactics following a CMA probe that raised concerns about misleading pricing claims and unfair pressure on customers.

UK Competition & Markets Authority

Concerns Raised Over GBT's Acquisition of CWT in Corporate Travel Sector

The UK's Competition and Markets Authority (CMA) is worried that the merger between Global Business Travel Group (GBT) and CWT Holdings LLC (CWT) could result in higher prices and reduced service quality for global multinational business travel customers.

UK Competition & Markets Authority

CMA's Efforts to Enhance Competition and Consumer Protection Highlighted in Annual Report

The Competition and Markets Authority (CMA) has published its Annual Report and Accounts for 2023/24, showcasing its initiatives to safeguard consumers, boost competition, and stimulate economic growth.

UK Competition & Markets Authority

OIM Study on Single-Use Plastics Regulations Impact on UK Internal Market

The Office for the Internal Market (OIM) is conducting a study on the economic impacts of regulatory restrictions on single-use plastics across the UK, aiming to provide expert advice to support the effective operation of the UK internal market.

UK Competition & Markets Authority

CMA Continues Efforts to Address High Fuel Prices and Grocery Competition

The Competition and Markets Authority (CMA) updates on ongoing actions to tackle high fuel prices and ensure effective competition in the groceries sector amidst cost of living pressures.

UK Competition & Markets Authority

CMA Raises Concerns Over Spreadex and Sporting Index Merger Impact on Competition

The Competition and Markets Authority (CMA) has expressed provisional competition concerns over the Spreadex acquisition of Sporting Index's retail business, potentially lessening competition in the UK sports spread betting market.

UK Competition & Markets Authority

Four Major Banks Found in Breach of CMA Rules on Retail Banking Market

HSBC, Lloyds, TSB, and AIB have been found to violate CMA regulations regarding accurate information disclosure in the retail banking sector, leading to enforcement actions and directions issued by the authority.

UK Competition & Markets Authority

CMA Raises Concerns Over TSB's Breach of Retail Banking Order

The Competition and Markets Authority (CMA) has addressed TSB's failure to comply with regulations on unarranged overdraft charges, highlighting specific breaches in disclosure requirements.

UK Competition & Markets Authority

CMA Raises Concerns Over AIB's Breach of Retail Banking Order

The Competition and Markets Authority (CMA) has addressed AIB's violations of the Retail Banking Order, citing failures in information provision and breach notifications.

UK Competition & Markets Authority

CMA Investigates Lloyds for Breaching Retail Banking Order

The Competition and Markets Authority (CMA) has raised concerns about Lloyds Banking Group's failure to comply with requirements to release accurate ATM location information through the Open Banking system.

UK Competition & Markets Authority

CMA Investigates HSBC Over Incorrect Value Publication on Devices

HSBC is under scrutiny for mistakenly displaying a higher Monthly Maximum Charge on some devices, breaching regulations.

UK Competition & Markets Authority

Competition Authorities Unite to Safeguard Competition in AI

The European Commission, UK CMA, US FTC, and DOJ have joined forces to establish principles safeguarding competition and consumers in the rapidly evolving field of artificial intelligence.

UK Competition & Markets Authority

CMA Cancels DJ Software Merger Investigation

The Competition and Markets Authority (CMA) has called off its Phase 2 merger probe into a deal between AlphaTheta and Serato, impacting the DJ equipment and software markets.

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