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The Latest Breaking News from CMA

Government urged to crack down on ‘exploitative’ baby formula marketing

Formula manufacturers increased prices by an average of 25% in the two years up to November 2023 and they remain at near record highs.

The Independent UK

Boeing-Spirit AeroSystems Merger Gets Green Light From UK Competition Watchdog

The UK government's Competition and Markets Authority, or the CMA, has cleared Boeing Co.'s (NYSE:BA) acquisition of Spirit Aerosystems Holdings Inc. (NYSE:SPR).

Benzinga

US firm's merger with Scotland's largest privately owned caterer under investigation

A MERGER between Scotland’s largest privately-owned caterer and a major US food services firm is under investigation ...

The National (Scotland)

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UK looks to stop "harmful" cloud domination by AWS, Microsoft - but the tech giants are hitting back

CMA confirms it thinks AWS and Microsoft are running anticompetitive business practices to dominate the UK cloud market - but they don't agree.

TechRadar

As Microsoft posts $75B in Azure revenue, UK’s CMA says “competition is not working well”

Azure’s $75B revenue marks a milestone for Microsoft, but UK regulators say the cloud market isn’t competitive and may need stronger oversight.

Windows Central

Amazon and Microsoft harming competition in cloud computing, finds CMA

It raised concerns over the way Microsoft charges Amazon and Google to use its software, which it said is driving up costs.

The Independent UK

Regulatory Pressure, Potential Innovations, AI Strategy Concerns And More: This Week In Appleverse

The past week has been a rollercoaster for Apple Inc. (NASDAQ:AAPL), with the tech giant facing regulatory scrutiny, potential innovations, and investor concerns. From the UK’s Competition and Markets Authority (CMA) proposing significant changes to Apple’s mobile ecosystem to the company’s potential leap into the foldable smartphone market, the week was…

Benzinga

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Epic goes ballistic over the latest CMA filing — Fortnite and the Epic Games Store will no longer be coming to iOS in the UK this year

According to Epic, the CMA has ruined the chances of Fortnite and its Store returning to iOS, as it deprioritizes its once-anti-competitive stance on Apple.

Windows Central

Apple, Google Face Sweeping UK Antitrust Crackdown As Competition Regulator Targets 'Strategic Market Status' Over App Store Control

The U.K.’s Competition and Markets Authority (CMA) is proposing significant changes to the mobile ecosystems of Apple Inc. (NASDAQ:AAPL) and Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), following an investigation into their market dominance.

Benzinga

UK competition watchdog to act over Apple and Google’s mobile platforms

CMA intends to force tech firms to make changes after designating them with ‘strategic market status’

The Guardian - UK

Sportradar faces UK CMA scrutiny over IMG Arena deal

Market dominance concerns arise.

Dot Esports

Housebuilders’ £100m offer after probe ‘definitely looks dodgy’, Parliament told

The firms have said the offer of voluntary commitments does not mean they admit any wrongdoing.

Evening Standard

Scotland to benefit from £100m payout from top housebuilders following investigation

SCOTLAND is set to benefit from a £100 million payout from seven leading house building firms after they were found sharing commercially sensitive…

The National (Scotland)

Business news live: Housebuilders pay £100m after investigation and Rachel Reeves sent Cash ISA plea

Stock markets updates and business news from Wednesday

The Independent UK

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The Guardian - UK

Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation

Watchdog found evidence of information sharing linked to prices but firms have not admitted any wrongdoing

Evening Standard

Housebuilders agree to £100m affordable housing payment after CMA probe

Money will fund hundreds of new homes across the UK, but few likely to be built in London

Evening Standard

Housebuilders vow to pay £100m after probe into information-sharing

The CMA said the payment would be the largest it has ever secured through commitments from firms under investigation.

Evening Standard

Competition watchdog puts Greencore’s £1.2bn swoop for Bakkavor under microscope

The Competition and Markets Authority said it was looking at possible competition concerns over the food-to-go mega deal.

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The Independent UK

Rock ‘n’ Roll, flying pints and a brotherly hug: Inside Oasis’s first reunion show

Noel and Liam Gallagher brought the house down at the Principality Stadium, kicking off their record-breaking reunion tour in tremendous fashion

Evening Standard

Will the Oasis tour boost the British economy?

The reunion tour will kick off at the Principality Stadium in Cardiff, Wales tonight

International Business Times UK

Getting Oasis Tickets Face Issues As UK Watchdog Questions Possible Fraud By Ticketmaster

The CMA is threatening Ticketmaster with legal action over how Oasis reunion tickets were sold. Here's what happened, how fans were affected, and what the investigation could mean.

Evening Standard

Oasis resale tickets soar to £3,500 just hours before reunion tour kicks off in Cardiff

Seats for the opening show at the Principality Stadium are being listed for between £265 to £3,555 on StubHub

The Guardian - UK

UK watchdog threatens Ticketmaster with legal action over way Oasis tickets were sold

Only days before reunion tour begins, CMA raises concerns that fans may have been misled by company

Benzinga

What's Going On With Boeing Shares Today?

Shares of Boeing Co. (NYSE:BA) are trading lower Monday after the U.K.’s Competition and Markets Authority (CMA) announced a formal investigation into the company's proposed $4.7 billion acquisition of Spirit AeroSystems.

The Conversation

Oasis are on the road again. But has the ticket scandal spelled the end of dynamic pricing?

When the Oasis reunion tour was announced last summer, there was a scramble to get hold of tickets. Very quickly, there followed another scramble – to understand a phenomenon known as “dynamic pricing”. This is the practice of pricing one product or service differently for different customers. Prices are adjusted…

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