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The Latest Breaking News from CMA

Asda’s profit margins at the pump have trebled, MPs told

Competition regulator tells business committee of ‘significant change’ in retailer’s fuel pricing

The Guardian - UK

Asda’s fuel margin targets were three times the 2019 level by 2023, MPs told

Asda told the CMA that it decided to pass down retail price falls in 2022 more slowly in areas where it had no direct competition, MPs were told.

The Independent UK

Lainey Wilson, Dierks Bentley headline CMA Fest special on ABC tonight, July 19

In celebration of CMA Fest's 50th anniversary, ABC is airing performances from the event, interviews and more from some of country music’s biggest stars.

WhatToWatch

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read the most diverse news in one place.

Microsoft extends Activision Blizzard deal closing date to October

Microsoft and Activision Blizzard have agreed to extend the closing date of their $69 billion deal to October to accommodate the last stages of regulatory review.

Windows Central

Classic Call of Duty titles on Xbox are experiencing a player resurgence

Classic Call of Duty titles like Modern Warfare 3 and Black Ops 1 are experiencing a revival on Xbox as players flood back now that the older games' servers have been fixed.

Windows Central

Microsoft's Activision deal for Xbox takes another step forward in the UK

Microsoft will no longer be appealing the Activision Blizzard purchase to the CAT in the U.K, getting closer to a deal with the CMA.

Windows Central

CMA is in danger of securing pyrrhic victory in Call of Duty battle

Regulating Microsoft’s takeover of Activision Blizzard could make UK games market international outlier

The Guardian - UK

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Call of Duty is staying on PlayStation – so what's next for the Activision saga?

With the title set to stay, will Microsoft be granted permission to complete the Activision takeover?

Grant Shapps appears to row back on supermarket petrol prices law

Energy secretary backs voluntary price comparison scheme in meeting with supermarket bosses rather than new law

The Guardian - UK

Thanks to Threads, Meta just got bigger. Should we be concerned?

The growing size and market dominance of Facebook’s parent company is coming under greater scrutiny, says associate professor Niamh Dunne

The Guardian - UK

UK supermarket food prices up by more than 25% in two years, says Which?

Retailers should be forced to display detailed price information on loyalty card deals, says consumer group

The Guardian - UK

US agency loses bid to halt Microsoft’s $69bn purchase of Activision Blizzard

The Federal Trade Commission’s request to pause the deal was rejected, clearing the few remaining hurdles for it to go through

The Guardian - US

FTC loses again, Microsoft is now clear to close the Activision-Xbox deal in the US

The FTC has lost an appeal to reverse a decision by Judge Corley to deny a preliminary injunction blocking the Microsoft-ABK merger.

Windows Central

Microsoft and Activision: the big questions that will decide whether the US$68 billion deal goes ahead

Microsoft’s proposed US$68 billion (£52 billion) acquisition of video game maker Activision Blizzard should be allowed to go ahead, according to a US federal judge. After five days of gruelling testimony, Judge Jacqueline Corley ruled the merger is unlikely to result in a substantial lessening of competition across the markets…

The Conversation

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The Guardian - UK

Will Microsoft be able to close $69bn deal for Activision Blizzard?

Appeal by competition watchdog in US is latest twist in complex saga involving trio of regulators

Windows Central

Xbox deal could be closing soon, Activision Blizzard to leave Stock Exchange

The Call of Duty and Candy Crush publisher is expected to leave the NASDAQ-100 stock index on July 17.

Windows Central

Despite reports, the UK regulator is NOT backing down over Xbox's Activision deal

A CNBC report claimed that Microsoft and the UK CMA had already agreed to a small "divestiture" to get the deal approved. Turns out that was likely false. Here's what's happening next.

Daily Mirror

Microsoft Activision deal given the go-ahead in everywhere but the UK – what happens next?

Microsoft may have surpassed one hurdle with regards to its Activision acquisition, but one regulator remains

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Inverse

Microsoft's FTC Win Presents Bigger Challenges for Sony Than Nintendo

Leave Square Enix alone. I'm serious.

Inverse

Microsoft Win Presents Bigger Challenges for Sony Than Nintendo

Leave Square Enix alone. I'm serious.

Windows Central

U.S. federal Judge Corley finally rules on Microsoft's Xbox-ABK deal: Microsoft WINS

The past couple of weeks have seen the FTC and Xbox come to blows in federal court, over the FTC's desire to delay Microsoft's merger with Activision Blizzard. The decision is finally here.

Daily Mirror

Asda bosses enjoy flash cars and private jets as drivers suffer at the pumps

A neighbour in Blackburn – where the Asda owners live at mansions in a gated complex – told how they spotted Zuber Issa in a black Rolls Royce and Mohsin at the wheel of a top-of-the-range Land Rover

The Guardian - UK

Bank governor accuses UK retailers of overcharging on petrol and other goods

Unnecessarily high fuel prices will have to be tackled to help reduce inflation, suggests Andrew Bailey

The Independent UK

Bank boss Bailey slams petrol companies for overcharging motorists

The Bank of England governor said petrol retailers have been ‘charging too much’

The Independent UK

Leicester fined up to £880,000 over price fixing with JD Sports

The Competition and Markets Authority (CMA) has said Leicester and JD Sports have admitted to anti-competitive behaviour.

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Jacqueline Scott Corley

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