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The Latest Breaking News from CMA

Competition regulator barking up the right tree on vets’ opaque pricing

Consumers and corporates should welcome CMA proposals to overhaul regulations unchanged since the 1960s

The Guardian - UK

Pet owners found to be overpaying for medicines

IN FULL

The Independent UK

Calls for price cap on vet prescriptions as warning issued to pet owners

The CMA said pet owners pay 16.6% more on average at large vet groups than at independent vets

The Independent UK

From analysis to the latest developments in health,
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Pet owners being hit by excessive bills from vet chains says CMA

Almost two-thirds of households in the UK own a pet, with the number of pet owners increasing significantly during the pandemic.

Evening Standard

Vets could be made to cap prescription prices after UK watchdog investigation

Market ‘not fit’ for purpose, CMA says, as it proposes shake-up including publishing treatment costs

The Guardian - UK

Google Designated Strategic Player In UK Search And Advertising Market

The UK's Competition and Markets Authority (CMA) designated Alphabet (NASDAQ:GOOGL) Google with strategic market status (SMS) in general search and advertising services after confirming that the company ticked off the legal criteria.

Benzinga

Google given special status by watchdog that could force it to change UK search

CMA puts Google under tighter regulation with ‘strategic market status’ designation and can enforce changes

The Guardian - UK

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Google may be forced to loosen control of search engine in UK

The competition watchdog has used new powers to hand the tech firm strategic market status, which could see conduct requirements imposed on it.

Evening Standard

UK Opens Door To Tougher Regulation Of Google Search

Britain's competition watchdog on Friday paved the way for tougher regulation to tackle Google's dominance in online search, under new targeted measures focused on technology giants.

International Business Times

The bills are water torture – and so is the regulatory process in England

Five suppliers can raise charges but Ofwat is able to celebrate a minor moral victory. The whole process feels surreal

The Guardian - UK

The five utility companies cleared to increase water bill charges

IN FULL

The Independent UK

Five water firms provisionally allowed to raise bills by further 1% to 5%

An independent group appointed by the competition watchdog rejected nearly 80% of increases sought by companies.

Evening Standard

Entry-level workers face AI ‘job-pocalypse’; US probes Tesla’s self-driving system – as it happened

Business leaders are prioritising automation through AI to fill skills gaps, rather than training junior employees, survey finds

The Guardian - UK

Millions of households face jump in water bills after watchdog’s ruling

Five companies have been granted permission to increase their charges

The Independent UK

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Kiplinger

S&P, Nasdaq Hit New Highs: Stock Market Today

A late-day rally wasn't enough to lift the Dow into the green as its six-session winning streak came to an end.

The Guardian - UK

Water bills: millions of households in England could face even bigger rises

CMA poised to give verdict after appeal by five firms for permission to increase bills higher than allowed by Ofwat

International Business Times UK

Post-Brexit Shake-Up: Regulator Seeks to Replace EU Tech Licensing Exemption

Britain's CMA urges scrapping EU-era TTBER and creating a 12-year UK tech licensing exemption to modernise competition rules post-Brexit.

The Independent UK

Fuel retailers’ high price margins are ‘deeply concerning’, regulator says

The Competition and Markets Authority found supermarkets’ fuel margins ranged from 8.0-9.1% in the three months to the end of June.

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The Guardian - UK

UK retailers accused of ripping off motorists as fuel margins ‘remain far above historic levels’

Watchdog ‘deeply concerned’ that firms have ramped up petrol and diesel prices at expense of consumers

The Independent UK

Ticketmaster to give fans more information after uproar in way Oasis tickets were sold in the UK

Ticketmaster has committed to changes after facing criticism over ticket sales for Oasis' reunion concerts in the U.K. this summer

RideApart

This Off-Road Motorcycle Racing Series Is Going to Canada, Here's Why You Should Care

The AMA’s indoor off-road racing series, Arenacross, is heading north of the border to Canada, and is finally getting recognized by the FIM.

The Independent UK

The changes Ticketmaster will make following government criticism

IN FULL

International Business Times

Ticketmaster Agrees Clearer Prices After Oasis Probe

US ticket sales giant Ticketmaster has agreed to more transparent pricing following widespread anger over the exorbitant costs paid by some fans for the Oasis reunion tour, Britain's competition watchdog said Thursday.

BANG Premier

Ticketmaster to clarify prices before checkout after Oasis fiasco prompted investigation

Ticketmaster has agreed to provide clearer ticket pricing details after being probed by the UK’s Competition and Markets Authority (CMA) after the Oasis ticketing fiasco.

Evening Standard

Ticketmaster agrees to changes after probe into Oasis reunion tour tickets fiasco

Fans will also be told at least 24 hours before a ticket sale begins if tiered pricing will be used and what that means

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