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The Latest Breaking News from the Competition and Markets Authority

Microsoft submits new plan in £54bn takeover battle with UK competition watchdog

The Competition and Markets Authority had originally blocked the multibillion-dollar deal.

The Independent UK

Microsoft submits new Activision Blizzard deal to win over UK regulator

CMA opens new investigation into $69bn acquisition as tech firm offers to sell cloud gaming rights to Ubisoft

The Guardian - UK

Microsoft submits fresh Activision merger proposal after CMA rejection

The CMA said it will begin a new investigation with a deadline for a decision set for 18 October

Evening Standard

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Monzo is UK’s best bank, Virgin Money and RBS the worst, says CMA survey

The Competition and Markets Authority’s latest satisfaction survey asked customers how likely they would be to recommend their provider to a friend, relative or other business

Evening Standard

UK’s CMA to hear more views on Microsoft’s Activision Blizzard deal

Competition and Markets Authority gives tech giant hope after it blocked acquisition of Call of Duty maker

The Guardian - UK

‘Quickie divorce’ services and wills come under competition watchdog’s spotlight

The Competition and Markets Authority is keen to hear about people’s experiences when buying services and products.

The Independent UK

Food price inflation not driven by weak supermarket competition, says watchdog

The Competition and Markets Authority said there was evidence of stronger price competition between supermarkets than in the fuel market.

The Independent UK

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Microsoft and UK regulators want more time to work on $69 billion Activision deal

Microsoft and British regulators sought more time from a court Monday as the U.S. tech company uses a rare second chance to overcome opposition to its $69 billion bid for video game maker Activision Blizzard

The Independent UK

Leicester fined up to £880,000 over price fixing with JD Sports

The Competition and Markets Authority (CMA) has said Leicester and JD Sports have admitted to anti-competitive behaviour.

The Independent UK

Mapped: Most expensive and cheapest petrol stations in UK revealed

Comparison website finds 45p difference between priciest and cheapest petrol pumps

The Independent UK

Watchdog explains real reason supermarket fuel was so expensive last year

The Competition and Markets Authority has called for new legislation to protect drivers

Wales Online

Rip-off Britain: why everything we buy now costs a fortune

As the cost of living crisis bites, consumers are asking how so many businesses have maintained or raised their profits

The Guardian - UK

Watchdog rules rail infrastructure deal could leave passengers worse off

The Competition and Markets Authority’s provisional findings could lead to the merger involving Hitachi and Thales being blocked.

The Independent UK

Supermarkets slash diesel prices by more than 7p per litre

The average price of a litre of diesel at supermarket went from 151.02p per litre to 143.58p per litre

Manchester Evening News

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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 Independent UK

Furious Microsoft boss slams UK over takeover block: ‘EU is better for business’

Brad Smith claimed confidence in technology in the UK had been ‘severely shaken’ by the decision but No10 said his claims were ‘not borne out by the facts’

The Independent UK

Microsoft slams UK move blocking Activision takeover as ‘bad day for Britain’

The Competition and Markets Authority said it had prevented the deal over concerns in the cloud gaming sector.

The Guardian - UK

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

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WEKU

The U.K. blocks Microsoft's $69 billion deal to buy game giant Activision Blizzard

British regulators blocked Microsoft's purchase, thwarting the biggest tech deal in history over worries that it would stifle competition in the fast-growing cloud gaming market.

Daily Mirror

CMA blocks Microsoft Activision Deal – but not for the reason you'd think

Activision Blizzard isn't likely to be welcomed into the Xbox family any time soon as the CMA has elected to deny the purchase

The Guardian - UK

TechScape: Could this billion-pound ‘crack-down’ end fake reviews and subscription traps?

Tech giants such as Google and Apple could face huge fines if they breach planned rules designed to protect consumers online. But will the bill have real teeth?

Evening Standard

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.

The Independent 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

Brits falling victim to sneaky online sales tactics as the cost-of-living crisis hits

Pressure selling, subscription traps, and fake reviews are taking advantage of Brits desperate to find the best deals

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

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