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The Latest Breaking News from CMA

Demolition contracts were ‘rigged’ through ‘illegal cartel agreements’

Competition and Markets Authority uncovers ten construction firms colluded in practice

Evening Standard

CMA provisionally finds construction firm cartels rigged £150m of contracts

The Competition and Markets Authority (CMA) said eight of the firms involved in the cartels have admitted to taking part.

The Independent UK

General counsel Cardell appointed interim boss at CMA

Recruitment process starts to find permanent replacement for outgoing Coscelli

Evening Standard

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read the most diverse news in one place.

Should You Add Comerica Stock to Your Portfolio This Month?

Shares of Comerica (CMA) have been slumping so far this year, despite multiple benchmark interest rate hikes. As the commercial bank’s spreads increase due to the monetary tightening policies, is CMA an ideal investment now? Let’s find out.

StockNews.com

Minister’s call for inquiry into fuel prices may not be a political diversion

After government cut duty by 5p a litre, it’s worth wondering what supermarkets’ fuel profits are

The Guardian - UK

Review into soaring UK fuel prices launched by competition watchdog

The 'short and focused' review is taking place as the price at the pump causes 'significant concern' for millions of people

Chronicle Live

Urgent investigation into 'staggering' petrol costs launched as average pump price hits record high

Petrol prices have reached a record high, with the average cost of a litre of petrol sitting at 185.0p

Manchester Evening News

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Fuel prices investigated by competition watchdog as petrol hits another record high

Record pump prices are causing ‘significant concern for millions’ says regulator

The Independent UK

Soaring UK fuel prices to be reviewed by competition watchdog

Price at the pump causing 'significant concern' for millions of people

Wales Online

UK petrol price rises could grind to a halt this week, says AA

Retailers accused of profiteering amid concerns they have not passed on recent cut to fuel duty

The Guardian - UK

Watchdog urged to carry out urgent review of fuel duty cut amid rising petrol prices

This comes as the cost of filling an average family car has now hit a record £100

Wales Online

Petrol prices: Kwasi Kwarteng orders inquiry into cost of filling up

Business secretary says people ‘rightly frustrated’ over 5p-a-litre cut not being passed on

The Guardian - UK

British Antitrust Watchdog Comes After Apple, Google: All You Need To Know

Britain's antitrust body looked to probe the market dominance of Apple Inc (NASDAQ:AAPL), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's mobile browsers. The Competition and Markets Authority's (CMA) probe also encompassed the iPhone maker's restrictions on cloud gaming through its app store. The CMA also took enforcement action against Google over its app store payment practices. The CMA claimed that the two tech…

Benzinga

UK Plans to Probe Apple, Google’s Mobile Browser Dominance

Britain's competition watchdog said it was planning to investigate the market dominance of Apple Inc and Google's mobile browsers, as well as the iPhone maker's restrictions on cloud gaming through its app store. The Competition and Markets Authority (CMA) said on Friday it was also taking enforcement action against Alphabet…

Asharq Al-Awsat

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The Guardian - UK

Apple and Google’s mobile browser ‘stranglehold’ may face UK investigation

‘Effective duopoly’ holds back Britain’s tech sector and restricts customer choice, says CMA

Birmingham Post

Morrisons takeover by US private equity can go ahead, watchdog confirms

The Bradford retail is set to be acquired by Clayton, Dubilier & Rice which previously owned discount retailer B&M

Chronicle Live

JD Sports braced for £2m fine after being accused of price fixing

Competition watchdog finds companies worked together to ensure football shirt prices remained high at the expense of fans

Daily Record

Dave King hits back at Rangers kit 'cartel' accusation as former chairman states 'not true to my knowledge'

The one-time Ibrox chief has responded to price fixing allegations over club merchandise.

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news in one place.

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The National (Scotland)

Dave King responds to CMA Rangers probe over Ibrox kit sales after 'cartel' allegations

DAVE KING is '100 per cent certain' that Rangers will be cleared of any wrongdoing after the Competition and Markets Authority released their report…

The National (Scotland)

The key questions as 'cartel activity' allegations surround Rangers kit sales

WHEN it comes to Rangers and their retail arrangements, it seems that nothing is ever simple. Now there is another twist in the tale.

The Guardian - UK

Just do it: time for JD Sports to return furlough money

The ‘king of trainers’ wants to signal a new era and its bumper results present a perfect opportunity

Daily Mirror

JD Sports braced to fork out £2million after being accused of 'price fixing'

JD Sports, along with Elite Sports and Rangers Football Club, are being investigated by the competition watchdog for alleged price-fixing of football kit, meaning sports fans may have overpaid

Glasgow Live

Rangers, JD Sports and Elite Sports accused of illegally fixing price of merchanise

JD Sports, sporting goods firm Elite Sports, and Rangers Football Club have been accused of keeping prices of club-branded replica kits high so that they could "pocket more money for themselves".

The Independent UK

JD Sports, Elite Sports and Rangers Football Club fixed kit prices, says watchdog

Companies face fines after admitting to cartel activity that meant fans paid more for replica shirts

Evening Standard

JD Sports faces £2m fine for price-fixing of football kits

JD Sports is set be fined up to £2 million by the Competition and Markets Authority over price-fixing of Rangers replica kits.

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