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The Latest Breaking News from Sarah Cardell

Heating oil customers to get up to £350 compensation for cancelled orders

Watchdog says about 1,700 people were affected during a price surge triggered by the Middle East crisis

The Guardian - UK

UK regulator mandates that Google should let publishers opt out of AI search

Britain's CMA has imposed new requirements on Google's AI search business – publishers can opt out of appearing in AI results.

TechRadar

Lloyds, Halifax and Bank of Scotland apologise as users report app and online banking outage – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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AA driving schools ordered to refund 80,000 learner drivers over hidden fees

UK motoring group fined £4.2m by CMA for not showing full price of lessons at time of booking

The Guardian - UK

Five firms including Autotrader and Just Eat investigated over fake review failings

CMA also looks into Pasta Evangelists, funeral operator Dignity and review company Feefo in latest crackdown

The Guardian - UK

UK’s private dentistry market faces review after price jumps of more than 23%

CMA says it wants to ensure market ‘working well for consumers’ as more Britons forced to seek private care

The Guardian - UK

Ticketmaster to clarify prices before checkout after Oasis fiasco prompted investigation

Ticketmaster has agreed to provide clearer ticket pricing details after being probed by the UK’s Competition and Markets Authority (CMA) after the Oasis ticketing fiasco.

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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

Google could be forced to change UK search as watchdog takes steps

CMA proposes tightening regulation, which could lead to site giving users option to choose alternative services

The Guardian - UK

Anas Sarwar calls for investigation into 'exploitative' Scottish youth football rules

Scottish Labour leader Anas Sarwar has called for an investigation into “exploitative practices” in Scottish youth football.

The National (Scotland)

‘We must avoid a chilling effect’: the CMA chief on the UK’s pro-growth shift

Sarah Cardell says role of competition regulator remains the same but it must be wary of perceptions

The Guardian - UK

Competition watchdog to speed up decisions after UK government pressure

Competition and Markets Authority announces plans for ‘step change’ after government calls for it to be less risk averse

The Guardian - UK

CMA pledges to speed up decisions to support Government growth push

The CMA is among regulators which have faced demands from the Government to help its ambitions to accelerate economic growth.

Evening Standard

Google to boost fight against fake reviews in deal with competition watchdog

The US tech giant has agreed to new undertakings on tackling fake reviews as part of a deal with the UK’s competition regulator.

Evening Standard

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The Independent UK

Apple and Google’s mobile ecosystems investigated by competition watchdog

The Competition and Markets Authority will investigate the firms under new digital market laws.

The Independent UK

Google faces more scrutiny as UK watchdog flexes new digital competition powers

Britain’s competition watchdog says it’s investigating Google’s search ad business, adding to global scrutiny that the U.S. tech giant is facing

The Guardian - UK

UK watchdog launches full investigation into vet fees for pet owners

Inquiry follows concern over rising treatment costs and could cap prescription fees or break up pet-care chains

The Guardian - UK

The big tech firms want an AI monopoly – but the UK watchdog can bring them to heel

Microsoft, Meta and Google are snapping up small players in the burgeoning industry – but the Competition and Markets Authority is demanding fair play

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TechRadar

Competition under threat as cloud giants selectively invest in startups, watchdog says

Dominating cloud companies are getting even more attention from the CMA, this time in the terms of artificial intelligence.

The Guardian - UK

UK has real concerns about AI risks, says competition regulator

Concentration of power among just six big tech companies ‘could lead to winner takes all dynamics’

The Guardian - UK

UK competition watchdog to investigate baby formula market

CMA announces move after finding popular grocery brands put up prices on number of products faster than costs rose

The Guardian - UK

JP Morgan CEO warns world may be facing most dangerous time in decades – business live

Jamie Dimon says war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships

The Guardian - UK

Microsoft completes $69bn deal to buy Call of Duty maker Activision Blizzard

Completion of sale follows regulator’s decision to allow it after competition concerns were addressed

The Guardian - UK

‘Eye-watering’ vet bills at chain-owned surgeries prompt UK watchdog review

Competition regulator fears fewer independent practices mean pet owners have less chance to shop around

The Independent 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.

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