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The Latest Breaking News from CMA

Waitrose criticised by watchdog after supermarket giant breached order seven times

Waitrose said it had 'identified and addressed a small number of historic errors'

Birmingham Post

Alliance Pharma boss faces disqualification after CMA probe

The healthcare firm denies conspiring to restrict the supply of anti-sickness drugs to the NHS

Evening Standard

UK Clears NortonLifeLock's Acquisition of Rival Avast

Britain's competition regulator finally cleared NortonLifeLock's acquisition of British rival Avast on Friday, saying the security software market would remain competitive after the $8.6 billion merger of two of the biggest players. The Competition and Markets Authority (CMA) confirmed its provisional decision to allow the deal last month, removing the…

Asharq Al-Awsat

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UK government fears Xbox could use Call of Duty to ‘harm’ PlayStation

The UK's Competition and Markets Authority suspects Xbox could sway people away from PlayStation and Nintendo platforms with Call of Duty.

USA Today Sports Media Group

Microsoft-Activision deal just hit a major snag — thanks to Call of Duty

A UK agency has voiced concerns about Microsoft’s deal to acquire Activision Blizzard, and has recommended a more thorough investigation.

Inverse

Microsoft takeover of Activision Blizzard raises concerns at UK regulator

Competition watchdog asks companies to address questions, with possible investigation to follow

The Guardian - UK

UK watchdog prepares probe into Microsoft’s £60 billion deal to buy maker of Call of Duty

Competion and Markets Authority adds to wave of scrutiny from global regulators on Activision Blizzard buy

Evening Standard

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Regulator demands £600,000 in refunds over NatWest ‘bundling’

Hundreds of business customers to get money back after bank wrongfully forced them to open current accounts to secure a loan

Insider UK

Hundreds of NatWest customers to be given refunds

It comes after a major breach of banking rules that was uncovered during an investigation

Wales Online

NatWest to refund over 700 firms after it 'forced' businesses to open fee-paying accounts to secure loans

Over 700 small and medium-sized businesses are to receive refunds

Birmingham Post

Rain eases China’s record heatwave but fresh energy crisis looms

Weather agencies warn of flooding as analyst warns a winter energy crunch is ‘highly likely’

The Guardian - AU

Britain to investigate ASOS, Boohoo and Asda's environmental claims

Britain's competition regulator will investigate whether fashion brands ASOS, Boohoo and George at Asda are misleading shoppers with their environmental claims as it scrutinises retailers for evidence of "greenwashing".

The Times of India

Thousands of homeowners who paid doubled ground rent to receive refund

The competition watchdog cracked down on “unfair” leasehold practices

Manchester Evening News

Thousands more homeowners to be refunded after ground rents doubled

More than 5,000 households in the UK will be compensated after being caught in contracts that saw their ground rents double in price every 10 years.

The Independent UK

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Birmingham Post

Monopoly fears over merger of dental businesses

CMA fears that NHS customers in Derbyshire and Yorkshire could lose out after firms join up

Daily Record

British banks ranked from best to worst for customer service amid cost of living crisis

Find out where your bank placed on the list and whether it could be time to switch accounts.

The Independent UK

Challenger banks jump ahead of industry giants for customer satisfaction

Starling Bank and Monzo were the top-ranked current account providers, while Royal Bank of Scotland and The Co-operative Bank were bottom-ranked.

The Guardian - UK

Veolia to sell Suez UK waste business to Macquarie for €2.4bn

French utility group agrees sale to Australian private equity group to resolve CMA’s competition concerns

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news in one place.

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Birmingham Post

JD Sports loses millions as it completes Footasylum sale to German group

JD Sports bought Footasylum for £90m but has now sold it for less than £40m

Chronicle Live

Asda investigated to see whether George eco clothing claims are 'misleading' customers

ASOS and Boohoo are also being investigated by the CMA as the authority warns that retailers could face court action if their environmental claims do not ‘stack up’

Manchester Evening News

Bury's JD Sports sells Footasylum to German giant for £37.5m after competitions watchdog fine

JD Sports said it has 'cooperated with the CMA throughout the divestment process'

Evening Standard

JD Sports sells Footasylum for £37.5 million after watchdog probe

Retailer bought the chain in 2019 for £90 million

The Guardian - UK

JD Sports agrees £38m sale of Footasylum after UK watchdog ruling

Deal with German asset management firm Aurelius Group follows CMA concerns

Birmingham Post

JD Sports sells Footasylum to German group for almost £40m

JD Sports first agreed to buy Footasylum in March 2019 for £90m

Tribune News Service

Big Tech’s U.K. antitrust cop steps down with job not quite done

The U.K.’s top antitrust watchdog stepped down this week after a nine year tenure that saw him elevated by Brexit to be one of the world’s most powerful regulators but he leaves with unfinished business reining in the excesses of Silicon Valley.

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