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The Latest Breaking News from CMA

JD Sports sells Footasylum for £37.5 million after watchdog probe

Retailer bought the chain in 2019 for £90 million

Evening Standard

JD Sports agrees £38m sale of Footasylum after UK watchdog ruling

Deal with German asset management firm Aurelius Group follows CMA concerns

The Guardian - UK

JD Sports sells Footasylum to German group for almost £40m

JD Sports first agreed to buy Footasylum in March 2019 for £90m

Birmingham Post

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Big Tech’s U.K. antitrust cop steps down with job not quite done

The U.K.’s top antitrust watchdog stepped down this week after a nine year tenure that saw him elevated by Brexit to be one of the world’s most powerful regulators but he leaves with unfinished business reining in the excesses of Silicon Valley.

Tribune News Service

Britain to Investigate ASOS, Boohoo and Asda's Environmental Claims

Britain's competition regulator will investigate whether fashion brands ASOS, Boohoo and George at Asda are misleading shoppers with their environmental claims as it scrutinizes retailers for evidence of "greenwashing". The investigation comes as regulators heighten scrutiny of companies which may be exaggerating their green credentials in an attempt to woo…

Asharq Al-Awsat

Asos, Boohoo and Asda investigated over ‘greenwashing’ fast fashion claims

‘People who want to ‘buy green’ should be able to do so confident that they aren’t being misled,’ says competition watchdog chief

The Independent UK

ASOS, Boohoo and Asda investigated over clothes claims

The CMA is looking into Asos's "Responsible edit" range, Boohoo's "Ready for the Future", and "George for Good"

Liverpool Echo

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Asos, Boohoo and George at Asda investigated over green credentials

The regulator is looking at whether they have misled customers

Wales Online

Asos, Boohoo and George at Asda investigated over eco-friendly claims

UK regulator will scrutinise brands to discover whether sustainability claims constitute greenwashing

The Guardian - UK

ASOS, Asda and Boohoo investigated over greenwashing concerns

The CMA warned firms could be taken to court if they make misleading sustainability claims

Evening Standard

ASOS, Boohoo and George at Asda to be investigated over eco-friendly and sustainability claims

Boohoo said it is 'committed to providing its customers with accurate information on the products they buy'

Manchester Evening News

Green claims made by ASOS, Boohoo and George at Asda to be investigated

The CMA has written to the three firms outlining its concerns

Birmingham Post

‘Equality is personal for me’: UK watchdog frontrunner faces whispering campaign

Sheldon Mills, the crusading lawyer and chair of Stonewall, is being targeted over trans issues as he runs to lead the Competition and Markets Authority

The Guardian - UK

Customer warning as Lloyds, Natwest, HSBC, Barclays, Metro Bank breach regulations

The Competition and Markets Authority (CMA) said Lloyds, NatWest, HSBC, Barclays, Metro Bank and Bank of Ireland all breached regulations

Liverpool Echo

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news in one place.

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Evening Standard

Watchdog tells six high street banks to tighten up after breaking rules on customer information

Some customers will receive refunds after the CMA identified overcharging

The Independent UK

Six banks break rules on giving customers correct information

The Competition and Markets Authority said Lloyds, NatWest, HSBC, Barclays, Metro Bank and Bank of Ireland all breached the regulations.

The Guardian - UK

Airlines could be fined over ‘harmful practices’ fuelling UK airport chaos

Watchdogs tell carriers not to cause pain for passengers by overselling flights and failing to warn of cancellations

Chronicle Live

Pfizer fined £63 million for overcharging NHS for life-saving medication

The Competition and Markets authority said that the ‘excessive’ price hikes by Pfizer and Flynn had meant that ‘patients and taxpayers lost out’

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Wales Online

Airlines accused of 'harmful practices' in how passengers are treated after flights axed

It includes selling more tickets for flights 'than they can reasonably expect to supply' and failing to give consumers 'sufficiently clear and upfront information about their rights'

Evening Standard

Pfizer slapped with £63 million fine by CMA

Pharma firm Flynn was also charged £6.7 million as part of the CMA investigation

The Guardian - UK

Watchdog fines Pfizer and Flynn £70m for overcharging NHS for epilepsy drug

Penalties come after an in-depth investigation carried out by the Competition and Markets Authority

ABC News

How some of the most-popular children's apps are sharing data in 'troubling' ways

Some of Australia's most popular entertainment apps for children contain risky code that allows companies to gather data on children and build profiles that can follow them for life, according to an organisation calling for bolstered privacy regulations.

Glasgow Live

Petrol will be £10 cheaper per tank within two weeks according to AA

According to motoring association the AA, petrol prices could drop by £10 per tank within the next two weeks — though warned that customers may not see the full extent of savings

Daily Record

AA claims petrol prices should have fallen by extra 4p per litre in the last month

The wholesale price of petrol continues to drop - experts say that this is not being passed down at the pumps.

Wales Online

Competition watchdog announces 'cartel' probe into TV sports broadcasters

Competition and Markets Authority claimed it has “reasonable grounds” to suspect BT, ITV, Sky and IMG Media might have broken competition rules

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