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The Latest Breaking News from the Competition and Markets Authority

Freeholders living off ‘rentier structure’ with ‘exorbitant’ ground rent, MPs say

MPs questioned freeholder groups in committee hearing over leasehold reform bill

The Guardian - UK

Scrutiny of OpenAI and Microsoft relationship could affect how AI industry grows and innovates

The boardroom of OpenAI, the business that developed ChatGPT, has seen some turbulent times recently. But while the drama around the sacking and reinstatement of CEO Sam Altman has subsided, the company now faces investigation by the UK competitor authority – a regulator that’s been increasingly training its spotlight on…

The Conversation

Iceland boss hits out at parent ‘exploitation’ in baby milk market

Richard Walker calls for price cap on infant formula as competition watchdog finds evidence of greedflation

The Guardian - UK

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Grocery brands accused of unjustified price rises

Usually, customers were able to avoid paying more by switching to own-brand products, but the watchdog noted one glaring exception

Evening Standard

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

UK watchdog warns Adobe's $20 bn takeover of Figma could harm competition

The Competition and Markets Authority (CMA) said the an investigation into the planned deal found that it would wipe-out competition between two major players.

Evening Standard

CMA warns on Microsoft behaviour as it clears Activision merger

The boss of the competition regulator today issued a fierce missive to Microsoft as it finally cleared the tech giant’s blockbuster merger with Activision, ending a months-long battle to get the deal over the line.

Evening Standard

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BBC and ITV investigated for suspected breaches of competition law

The Competition and Markets Authority has launched a probe.

The Independent UK

WTO slashes world trade forecast as manufacturing slowdown bites – as it happened

Rolling coverage of the latest economic and financial news, as WTO warns that global economic fragmentation is hurting trade growth

The Guardian - UK

Heathrow will have to cut passenger charges by about 20% in 2024

Airport, which had hoped to raise fees, loses appeal to UK competition watchdog in provisional ruling

The Guardian - 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.

The Independent UK

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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Evening Standard

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

The Guardian - UK

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 Independent 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.

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The Independent UK

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

Wales Online

Watchdog explains real reason supermarket fuel was so expensive last year

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

The Guardian - UK

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 Independent 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.

Manchester Evening News

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

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