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The Latest Breaking News from CMA

Digital Markets Bill to crack down on big tech, fake reviews and subscription traps

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

Evening Standard

Major tech firms face hefty fines under new digital consumer bill

Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power

The Guardian - UK

Bill to crack down on big tech, fake reviews and subscription traps

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

The Independent UK

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These Bank Stocks Could Be a Bad Bet for April

Although it seemed like the financial industry had stabilized after the recent bank failures, the U.S. banking industry faces several headwinds. Amid this backdrop, it could be wise to avoid fundamentally weak bank stocks M&T Bank (MTB), The PNC Financial Services Group (PNC), and Comerica (CMA). Keep reading….

StockNews.com

Google may bring user choice billing to the Play Store in the UK

Google details commitments, given by the CMA, it may have to abide by should public consultation see it accepted.

Android Central

Google allows app developers to break away from Play billing system

UK regulator asks for views on how move will work in practice, amid concern over tech firm’s cut of in-app purchases

The Guardian - UK

UK Watchdog Looks at Google’s Proposals Giving Freedom to App Developers on Playstore

Britain's competition regulator said on Wednesday it was looking into proposals offered by Alphabet Inc's Google, which would give app developers the freedom to break away from Google Play's billing system. Britain's investigation in June last year raised concerns that Google's complete control over in-app payments unfairly restricted app developers,…

Asharq Al-Awsat

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Heathrow launches appeal against decision it must cut charges

A spokesman accused the Civil Aviation Authority of ‘undermining’ the investment needed in the west London airport.

The Independent UK

Microsoft's Activision Blizzard purchase mostly approved by one more country

South Africa has almost approved Microsoft's purchase of Activision Blizzard, bringing the massive Xbox deal closer to completion.

Windows Central

Sony skewers Microsoft for canceling Redfall on PS5, calls revised CMA report "surprising, unprecedented, and irrational"

You'll be shocked to hear that Microsoft "welcomes the CMA's revised findings"

GamesRadar

CMA to investigate Amazon’s $1.7bn takeover of Roomba firm

Competition watchdog calls for evidence on whether deal could give online retailer dominance in smart home market

The Guardian - UK

Monopolies watchdog probes Amazon’s £1.4 billion acquisition of Roomba maker iRobot

It is the second competition-related probe involving Amazon in two days

Evening Standard

British regulators are gunning for Big Tech

British regulators are gunning for Big Tech, together.

Fortune

Amazon and Microsoft face referral to UK regulator over cloud services market

Ofcom proposes to refer sector to CMA amid ‘significant concerns’ about behaviour of some providers

The Guardian - UK

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news in one place.

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Evening Standard

Ofcom refers cloud market to CMA amid ‘concern over practices of Amazon and Microsoft’

Tech giants Amazon and Microsoft have come under fire as media regulator Ofcom said it would refer the cloud market to the UK competition watchdog after uncovering what it called “concerning practices” by key market players during an investigation.

iMore

UK's Apple antitrust investigation scuppered by its own rules

Apple won an appeal over a UK investigation into its handling of web browsers and cloud gaming apps because the authority took too long to begin the investigation.

Wales Online

Wowcher faces investigation over alleged pressure selling

The use of countdown timers and 'urgency claims' is being looked at

Birmingham Post

TalkTalk, the Issa brothers and AO: The 19 latest deals from across the North West

BusinessLive has rounded up some of the latest top deals you should not miss

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news in one place.

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Daily Mirror

Nearly one in four bargain-hunting Brits fall for sales tricks like pressure selling

A third of shoppers have spent more money than they can afford - as they don't realise banners such as “15 minutes left of sale” are online sales tactics

The Guardian - UK

TechScape: How the world is turning against social media

France has banned not only TikTok from government phones, but Facebook and Twitter, too. Could this be a tipping point for big tech? Plus, AI-generated pictures of the pope signal a new type of viral image

Birmingham Post

Billionaire Issa brothers make offer to get Asda's £600m Co-op deal approved amid £8bn Subway move

In August 2022, the Co-op first revealed plans to sell its 132 petrol stations and attached convenience stores in a bid to bolster its finances

Daily Mirror

CMA agrees making Call of Duty Xbox exclusive in Microsoft Activision deal is silly

The CMA has stated it no longer believes Microsoft has an incentive to make Call of Duty Xbox exclusive as it'd be a "loss-making" exercise.

USA Today Sports Media Group

UK regulator seems poised to approve the Microsoft-Activision deal

Ahead of its ruling in April, the U.K. Competition and Markets Authority said it no longer thinks the Microsoft Activision deal is harmful

PC Gamer

UK regulator U-turns on Activision acquisition, takes Microsoft's side on Call of Duty

Activision rejoices, saying "Sony’s campaign to protect its dominance by blocking our merger can’t overcome the facts".

Inverse

Xbox's Plan to Buy Call of Duty Just Cleared a Massive Hurdle

The UK's competition regulator has shifted its stance on a key aspect of the pending Microsoft-Activision deal.

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Dipanjan BanchurSince

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