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The Latest Breaking News from CMA

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

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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

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.

Radio France Internationale

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

Evening Standard

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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.

The Independent UK

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.

Al Jazeera

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

The next Call of Duty game is due out in November

Evening Standard

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.

Windows Central

Asda publishes daily petrol prices online after pressure from watchdog

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

The Guardian - 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

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 Guardian - UK

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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

The Independent UK

HSBC, Nationwide and TSB failed to send transaction histories to some customers

The providers breached a requirement that payment transaction histories should be provided to customers when they close their account.

Windows Central

The title and logo for Call of Duty 2023 has leaked

A twitter account has leaked some images of crossover branding between Call of Duty and Monster energy drinks, revealing that the title of this year's game is in fact Call of Duty: Modern Warfare 3.

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The Independent 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

Tesco, Asda, Morrisons and Sainsbury’s fuel margins have more than doubled since start of Ukraine war

The motoring services company said it accepted that the cost of running forecourts might have increased but described the margins as ‘bloated’.

The Independent UK

Supermarket fuel margins have more than doubled since start of Ukraine war – RAC

The motoring services company said it accepted that the cost of running forecourts might have increased but described the margins as ‘bloated’.

Windows Central

US FTC pauses in-house trial for the Microsoft Activision deal

A new report indicates that the FTC will pause its trial against Microsoft's ABK acquisition.

The Guardian - UK

Make your price labels clearer, watchdog tells UK supermarkets

CMA says stores not stoking food inflation as it looks into competition on key categories such as milk and baby food

The Independent UK

Supermarkets ordered to make prices clearer so shoppers can get better deals

The CMA is also calling on the government to tighten the rules around how shops display prices

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.

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