competition
Top StoriesEU Opens Probe Into Liberty Media’s Proposed Dorna Sports Acquisition
Top StoriesItaly Regulator Ends Booking.com Probe as Commitments Ease Competition Concerns
TechnologyUK to Publish Provisional Report on Cloud Computing in January
TradingUK Competition Watchdog Looks Into $3.32 Billion Blackrock-Preqin Deal
UK Regulator Flags Concerns and Remedies for Sale of Baby Formula
Date: November 9, 2024
(Reuters) -Britain’s competition watchdog flagged concerns and potential solutions regarding the distribution of infant formulas on Friday, which could help improve the sector as well as reduce costs for parents. The Competition and Markets Authority’s (CMA) initial recommendations include providing parents clear and accurate information on the nutritional value of the formula and standardising its...
UK Watchdog Refers Vodafone, Three Deal to In-Depth Probe
Date: April 4, 2024
UK watchdog refers Vodafone, Three deal to in-depth probe (Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger between Vodafone’s UK operation and Hutchison’s Three UK after the parties did not offer remedies to ease the regulator’s competition concerns. The $19 billion tie-up, which was announced...
EU Auditors Warn About Worsening Competition in Public Procurement
Date: December 4, 2023
EU auditors warn about worsening competition in public procurement By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened over the last decade, the European Court of Auditors (ECA) said on Monday, with as much as 2 trillion euros ($2.2 trillion) at stake every year. ECA said that...
UK to Examine Amazon and Microsoft’s Cloud Dominance
Date: October 5, 2023
UK to examine Amazon and Microsoft’s cloud dominance By Paul Sandle and Yadarisa Shabong LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech giants Amazon and Microsoft’s dominance of the UK cloud market. Ofcom said it had identified features that made it more difficult for UK businesses to...
Metaverse Has Set Off No Alarms or Need for Controls yet – EU’s Vestager
Date: July 6, 2023
Metaverse has set off no alarms or need for controls yet – EU’s Vestager By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager said on Thursday. An initiative...
UK Demands Better Deal for Drivers in Road Fuel Market
Date: July 3, 2023
UK demands better deal for drivers in road fuel market By James Davey LONDON (Reuters) -Britain will require supermarkets and retailers to give drivers access to live fuel prices at every petrol station on their phones or satnavs after the country’s antitrust regulator said competition had weakened in the sector since 2019. Last week, finance...