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The Latest Breaking News from CMA

ABC To Air ‘CMA Fest’ Concert Special June 25

Show to be hosted by Jelly Roll, Ashley McBryde

Broadcasting & Cable

Nationwide faces competition inquiry over Virgin Money deal

Nationwide Building Society’s controversial £2.9 billion takeover of Virgin Money hit a potentially serious hiccup today when the Competition and Markets Authority launched a probe into the deal.

Evening Standard

Watchdog launches investigation into Nationwide’s Virgin Money takeover

Watchdog launches investigation into Nationwide’s Virgin Money takeover

The CMA said it is considering whether the deal could ‘result in a substantial lessening of competition’ within the UK market.

The Independent UK

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Eurozone inflation jumps to 2.6%; UK house prices rebound; US PCE index lifts rate cut hopes – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

AWS and Microsoft are dominating the UK cloud market — and that could be a problem for both of them

New research from the UK’s competition watchdog suggest AWS and Microsoft are in contest, while other cloud storage companies are flagging.

‘No one needs their name near this’: the secret plot by touts to undermine Labour’s reforms

Attendees at Coalition for Ticket Fairness dinner stump up thousands for fighting fund – because they know their time might be up

The Guardian - UK

UK watchdog launches full investigation into vet fees for pet owners

Inquiry follows concern over rising treatment costs and could cap prescription fees or break up pet-care chains

The Guardian - UK

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UK company growth slows in blow to Sunak; NatWest share sale threatened by general election – as it happened

UK company growth slows in blow to Sunak; NatWest share sale threatened by general election – as it happened

Growth across British services firms has cooled noticeably this month in an early blow for PM Rishi Sunak’s election campaign.

The Guardian - UK

British Regulators Clear Microsoft's Partnership With Mistral

British Regulators Clear Microsoft's Partnership With Mistral

British regulators clear Microsoft's partnership with Mistral, while ongoing reviews continue for other deals.

Vodafone results tomorrow: Key areas to watch

The telco’s share price is down more than 20% over the past year

Evening Standard

Microsoft might not realize its iPhone moment with AI if regulators continue to reign down on its parade

Microsoft might not realize its iPhone moment with AI if regulators continue to reign down on its parade

UK-based Competition and Markets Authority (CMA) has launched a preliminary investigation on Microsoft's investments, partnerships, and advances in the AI landscape.

Windows Central

CMA launches multiple investigations into Microsoft and Amazon concerning AI startup investments

CMA launches multiple investigations into Microsoft and Amazon concerning AI startup investments

Selective investments by Microsoft and Amazon into AI startups are under the lens of the CMA.

Google is dragging its feet on killing third-party cookies yet again

Google is dragging its feet on killing third-party cookies yet again

Google keeps putting off the death of third-party cookies in Chrome.

Android Central

UK Regulators Investigate Microsoft And Amazon AI Deals

UK Regulators Investigate Microsoft And Amazon AI Deals

British regulators investigate Microsoft and Amazon AI deals for potential anti-competitive behavior, prompting scrutiny in the rapidly evolving AI industry.

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The Guardian - UK

UK competition watchdog steps up scrutiny of big tech’s role in AI startups

Microsoft and Amazon asked to comment on tie-ups, a move that paves way for formal investigation

Google Chrome delays third-party cookies plan yet again

Third-party cookie deprecation in GoogleChrome has been given yet another pushback.

The Guardian - UK

The big tech firms want an AI monopoly – but the UK watchdog can bring them to heel

Microsoft, Meta and Google are snapping up small players in the burgeoning industry – but the Competition and Markets Authority is demanding fair play

Competition under threat as cloud giants selectively invest in startups, watchdog says

Dominating cloud companies are getting even more attention from the CMA, this time in the terms of artificial intelligence.

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The Guardian - UK

UK has real concerns about AI risks, says competition regulator

Concentration of power among just six big tech companies ‘could lead to winner takes all dynamics’

Evening Standard

Watchdog eyes sport spread betting merger for potential monopoly

Spreadex and Sporting Index are the only two licensed operators of sports spread betting in the UK.

UK competition watchdog confirms Vodafone-Three merger requires further investigation

Vodafone-Three deal will now face "in-depth investigation" from UK CMA over competition fears.

The Guardian - UK

Thames Water parent ‘owes two Chinese state-owned banks’ as debt downgraded – as it happened

Live, rolling coverage of business, economics and financial markets as Fitch downgrades debt of parent of water company, saying default is likely

Evening Standard

Comment: 'Is keeping ground rent for pension funds securing our future — or stealing it?'

The Leasehold Reform Bill looks set to let down people saving for their futures to protect the big pension funds

The Guardian - UK

Asda, Asos and Boohoo must avoid ‘greenwashing’ after crackdown

Retailers will have to file regular reports to UK regulator after concerns over environmental claims

The Guardian - UK

UK Libor trader Tom Hayes loses appeal against rate-rigging conviction – as it happened

The former star UBS and Citigroup trader was convicted of conspiracy to defraud by manipulating financial benchmark and served 5 1/2 years in prison

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