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The Latest Breaking News from Sarah Cardell

Drivers ‘paying 6p a litre more on petrol because supermarkets hiked margins’

Watchdog says average supermarket margins rose by 6p per litre between 2019 and 2022

The Independent UK

Microsoft, Activision and the battle with competition tsars

In a “striking show of leniency by a notoriously tough regulator”, the European Commission has approved Microsoft’s $69bn megadeal with games-maker Activision Blizzard, said DealBook in The New York Times – just weeks after the UK’s competition regulator threw it out.

The Week

UK MPs question why the CMA blocked Microsoft's $68.7B Activision Blizzard deal, CMA says it won't be 'turning a blind eye to anti-competitive mergers'

"It would constrain how the market would evolve going forward."

PC Gamer

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UK watchdog denies it blocked Microsoft deal on orders of US regulator

CEO of Competition and Markets Authority tells MPs decision not to allow acquisition of Activision Blizzard based on ‘own analysis’

The Guardian - UK

Call to ‘name and shame’ supermarkets inflating fuel prices for profit

Liberal Democrat MP Sarah Olney said it was ‘shocking’ that that there was evidence of at least one company ‘profiteering off the cost of living crisis’

Evening Standard

Supermarket bosses face grilling on fuel prices from watchdog

CMA says it has found evidence retailers are putting up petrol and diesel prices to unnecessarily high levels

The Guardian - UK

UK’s competition watchdog aims for leading global role

Ruling against Microsoft Activision merger looks like warning shot as CMA takes on task of regulating big tech after Brexit

The Guardian - UK

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Microsoft's 'good guy' approach frays in UK gaming battle

Microsoft’s charm offensive with the world’s governments is starting to lose some of its luster as the software giant is confronting its toughest antitrust scrutiny since co-founder Bill Gates was in charge

The Independent UK

Gobsmacked Microsoft president says UK's regulator blocking the Activision deal is company's 'darkest day'

The decision is "bad for Britain" says Brad Smith, not at all ominously.

PC Gamer

No 10 hits back at Microsoft after company says EU ‘more attractive’ post-Brexit after takeover blocked – as it happened

Live coverage of business, economics and financial markets as US tech company heavily criticises UK’s Competition and Markets Authority

The Guardian - UK

Watchdog launches probe into ‘greenwashing’ claims covering a range of everyday items

Competition and Markets Authority sets its sights on false environmental premiums on food and drink

Evening Standard

Mattress-in-a-box firm Emma faces CMA inquiry into online sales tactics

Competition regulator investigating group as part of wider crackdown on pressure-selling practices

The Guardian - UK

UK music streaming services not making excessive profits, says watchdog

CMA’s findings will disappoint many artists who have struggled to make a meaningful income from streaming

The Guardian - UK

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

The Times of India

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The Independent UK

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.

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’

Asharq Al-Awsat

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 scrutinizes retailers for evidence of "greenwashing". The investigation comes as regulators heighten scrutiny of companies which may be exaggerating their green credentials in an attempt to woo…

The Guardian - UK

Asos, Boohoo and George at Asda investigated over eco-friendly claims

UK regulator will scrutinise brands to discover whether sustainability claims constitute greenwashing

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news in one place.

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The Guardian - UK

‘Equality is personal for me’: UK watchdog frontrunner faces whispering campaign

Sheldon Mills, the crusading lawyer and chair of Stonewall, is being targeted over trans issues as he runs to lead the Competition and Markets Authority

Evening Standard

Time for a clampdown on big tech overlords

City Comment: The new broom at the CMA should go for it

Evening Standard

General counsel Cardell appointed interim boss at CMA

Recruitment process starts to find permanent replacement for outgoing Coscelli

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