Strict advertising rules are pushing formula milk prices to record highs, CMA finds August 16, 2024 Strict advertising rules around infant formula milk are leading to “historically high” prices for UK parents, the Competition and Markets Authority (CMA) said today. The watchdog said its investigation into formula prices had found that current regulations, which heavily limit how brands can advertise their products, were hindering price competition. It said that since price [...]
Worcester Bosch to make major change after green marketing concerns raised by CMA August 9, 2024 Worcester Bosch has agreed to make a major change to the way it markets its products across the UK after agreeing a deal with the Competition and Markets Authority (CMA). The watchdog said it had become concerned the company may have mislead consumers into thinking that its boilers – marketed as ‘hydrogen-blend ready’ – are [...]
Barratt’s £2.5bn merger with Redrow now hinges on sale of 10 houses August 8, 2024 A £2.5bn merger between housebuilders Barratt and rival Redrow now hinges on the sale of 10 houses after the Competition and Markets Authority (CMA) said the deal could create local competition issues. In a ruling issued this morning the watchdog said the deal, announced in March 2024, could lead to a “substantial lessening of competition” [...]
Motorists still ‘paying too much’ for fuel, says competition watchdog July 26, 2024 Drivers are still paying too much for their fuel, with retail margins “significantly” above historic levels, according to the UK competition watchdog.
CMA rebukes four banks for failing to provide correct information to customers July 25, 2024 The competition watchdog has publicly rebuked four banks for failing to comply with rules ensuring lenders provide clear and up to date information to their customers.
Nationwide’s £2.9bn swoop on Virgin Money gets go-ahead from CMA July 19, 2024 A tie-up between Nationwide and Virgin Money has got the greenlight from the competition watchdog today, paving the way for the £2.9bn deal to close in the final quarter of this year.
‘Lessen competition and deter investment’: BT lashes out at Vodafone-Three UK deal June 14, 2024 The regulator has been gathering responses to its investigation into Vodafone and Three UK's tie-up.
How poor regulation is holding back the UK economy June 5, 2024 Regulation is a pressing concern, both for businesses and consumers. Getting it right could help unleash growth and deliver better outcomes for consumers.
Emma Sleep: CMA threatens legal action against mattress firm over pricing tactics May 29, 2024 The Competition and Market Authority has threatened mattress company Emma Sleep with a lawsuit unless it "commits to changing its practices"
Pets at Home ‘not threatened’ by regulator probe as it holds firm on growth plans May 29, 2024 Animal care retailer Pets At Home has held its guidance for the year and said its vet growth strategy is “not threatened” by the CMA's review into the sector.