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The Latest Breaking News from CMA

Google faces multibillion-pound lawsuit from UK consumers

Lawsuit claims search engine stifled competition, contributing to rising cost of living for consumers

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

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Xbox boss Phil Spencer says mobile is important for audience growth

Xbox boss Phil Spencer has discussed the ongoing Activision Blizzard deal, saying that the acquisition is about "mobile capability."

TechRadar

Which of These Bank Stocks Should You Keep an Eye On?

The banking industry has grappled with several challenges this year, with the recent anxieties over rating downgrades exerting constant pressure on banking stocks. Amid this uncertainty, let’s evaluate Citigroup Inc. (C), M&T Bank Corporation (MTB), and Comerica Incorporated (CMA) to identify which among these you should keep an eye on.…

StockNews.com

Microsoft May Have Just Saved Ubisoft’s Game Pass Competitor

Microsoft gives Ubisoft a big win in a new deal that aims to appease the CMA's biggest worries about an Activision Blizzard acquisition.

Inverse

Microsoft's Revised Acquisition Plan Could See Activision Cloud Gaming Go to Ubisoft

In its latest move meant to accelerate regulatory green-light, Microsoft has sold cloud gaming rights for its Activision game portfolio to Ubisoft Plus.

Tom’s Hardware

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UPDATE: Bobby Kotick confirms Activision Blizzard streaming rights are to be sold to Ubisoft to counter monopoly concerns

In an effort to appease the UK mergers regulator, Microsoft has offered to sell streaming rights for Activision Blizzard games to Ubisoft.

TechRadar

Microsoft rejigs $69B Activision Blizzard deal to placate UK regulators, offers all cloud gaming rights to Ubisoft for 15 years

Bobby Kotick though says 'nothing substantially changes'.

PC Gamer

Microsoft submits new plan in £54bn takeover battle with UK competition watchdog

The Competition and Markets Authority had originally blocked the multibillion-dollar deal.

The Independent UK

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The Guardian - UK

To appease the CMA, Microsoft restructures the Activision Blizzard King deal

Microsoft Vice President Brad Smith has penned a blog regarding the Activision Blizzard King deal that details Microsoft's plans to sell cloud gaming rights for ABK titles to Ubisoft in perpetuity.

Windows Central

Microsoft submits new Activision Blizzard deal to win over UK regulator

CMA opens new investigation into $69bn acquisition as tech firm offers to sell cloud gaming rights to Ubisoft

The Guardian - UK

Microsoft submits fresh Activision merger proposal after CMA rejection

The CMA said it will begin a new investigation with a deadline for a decision set for 18 October

Evening Standard

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Radio France Internationale

UN force leaves base in northern Mali early due to insecurity

The UN peacekeeping mission in Mali has brought forward its withdrawal from a base in the north of the country due to deteriorating security conditions.

Evening Standard

Monzo is UK’s best bank, Virgin Money and RBS the worst, says CMA survey

The Competition and Markets Authority’s latest satisfaction survey asked customers how likely they would be to recommend their provider to a friend, relative or other business

The Independent UK

Digital banks beat high street lenders in customer satisfaction survey

Monzo was voted the best provider for individuals and businesses in a survey of thousands of people in Britain.

Al Jazeera

UN forces in Mali speed up withdrawal as security deteriorates

UN’s impending pullout has fuelled tensions between Mali’s military gov’t and rebel Coordination of Azawad Movements.

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Evening Standard

Next Call of Duty Announced: Modern Warfare III release date revealed

The next Call of Duty game is due out in November

Windows Central

Microsoft's purchase of Activision Blizzard approved by yet another country

Microsoft's bid to buy Activision Blizzard is almost done, garnering approval from New Zealand.

The Guardian - UK

Asda publishes daily petrol prices online after pressure from watchdog

Other retailers say they are working with government on implementing industry-wide comparison service

TechRadar

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.

The Guardian - UK

UK’s CMA to hear more views on Microsoft’s Activision Blizzard deal

Competition and Markets Authority gives tech giant hope after it blocked acquisition of Call of Duty maker

The Independent UK

Amazon offers changes to Marketplace rules to appease competition watchdog

The CMA said it is currently consulting over the changes offered but that its preliminary view is that the move ‘addresses its competition concerns’.

The Guardian - UK

Nice profit margins, Unilever, but spare us the ‘sharing the pain’ gloss

The household staples firm and its rivals have done a better job of protecting their margins than the supermarkets

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