UK Competition & Markets Authority Updates
Latest competition law updates from UK Competition & Markets Authority
UK Competition & Markets Authority
Concerns Raised Over GBT's Acquisition of CWT in Corporate Travel Sector
Jul 30, 2024
The UK's Competition and Markets Authority (CMA) is worried that the merger between Global Business Travel Group (GBT) and CWT Holdings LLC (CWT) could result in higher prices and reduced service quality for global multinational business travel customers.
UK Competition & Markets Authority
CMA's Efforts to Enhance Competition and Consumer Protection Highlighted in Annual Report
Jul 30, 2024
The Competition and Markets Authority (CMA) has published its Annual Report and Accounts for 2023/24, showcasing its initiatives to safeguard consumers, boost competition, and stimulate economic growth.
UK Competition & Markets Authority
OIM Study on Single-Use Plastics Regulations Impact on UK Internal Market
Jul 29, 2024
The Office for the Internal Market (OIM) is conducting a study on the economic impacts of regulatory restrictions on single-use plastics across the UK, aiming to provide expert advice to support the effective operation of the UK internal market.
UK Competition & Markets Authority
CMA Continues Efforts to Address High Fuel Prices and Grocery Competition
Jul 25, 2024
The Competition and Markets Authority (CMA) updates on ongoing actions to tackle high fuel prices and ensure effective competition in the groceries sector amidst cost of living pressures.
UK Competition & Markets Authority
CMA Raises Concerns Over Spreadex and Sporting Index Merger Impact on Competition
Jul 25, 2024
The Competition and Markets Authority (CMA) has expressed provisional competition concerns over the Spreadex acquisition of Sporting Index's retail business, potentially lessening competition in the UK sports spread betting market.
UK Competition & Markets Authority
Four Major Banks Found in Breach of CMA Rules on Retail Banking Market
Jul 25, 2024
HSBC, Lloyds, TSB, and AIB have been found to violate CMA regulations regarding accurate information disclosure in the retail banking sector, leading to enforcement actions and directions issued by the authority.
UK Competition & Markets Authority
CMA Raises Concerns Over TSB's Breach of Retail Banking Order
Jul 25, 2024
The Competition and Markets Authority (CMA) has addressed TSB's failure to comply with regulations on unarranged overdraft charges, highlighting specific breaches in disclosure requirements.
UK Competition & Markets Authority
CMA Raises Concerns Over AIB's Breach of Retail Banking Order
Jul 25, 2024
The Competition and Markets Authority (CMA) has addressed AIB's violations of the Retail Banking Order, citing failures in information provision and breach notifications.
UK Competition & Markets Authority
CMA Investigates Lloyds for Breaching Retail Banking Order
Jul 25, 2024
The Competition and Markets Authority (CMA) has raised concerns about Lloyds Banking Group's failure to comply with requirements to release accurate ATM location information through the Open Banking system.
UK Competition & Markets Authority
CMA Investigates HSBC Over Incorrect Value Publication on Devices
Jul 25, 2024
HSBC is under scrutiny for mistakenly displaying a higher Monthly Maximum Charge on some devices, breaching regulations.
UK Competition & Markets Authority
Competition Authorities Unite to Safeguard Competition in AI
Jul 22, 2024
The European Commission, UK CMA, US FTC, and DOJ have joined forces to establish principles safeguarding competition and consumers in the rapidly evolving field of artificial intelligence.
UK Competition & Markets Authority
CMA Cancels DJ Software Merger Investigation
Jul 22, 2024
The Competition and Markets Authority (CMA) has called off its Phase 2 merger probe into a deal between AlphaTheta and Serato, impacting the DJ equipment and software markets.
UK Competition & Markets Authority
CMA Secures Refunds and Changes in Wowcher's Sales Practices
Jul 19, 2024
The Competition and Markets Authority (CMA) has obtained over £4 million in refunds for Wowcher customers and compelled Wowcher to modify its sales tactics to prevent potentially misleading or coercive practices.
UK Competition & Markets Authority
CMA Investigates Private Hospital for Breach of Healthcare Order
Jul 11, 2024
The Competition and Market Authority (CMA) investigates The Hospital of St John and St Elizabeth for breaching regulations by offering incentives to referring clinicians, impacting patient choice.
UK Competition & Markets Authority
CMA Drafts Guidelines for Trader Recommendation Sites to Ensure Consumer Protection
Jul 11, 2024
The Competition and Markets Authority (CMA) has released draft advice outlining principles for trader recommendation sites to follow, focusing on issues like misleading claims, lack of vetting, and poor complaints processes.