Browsing: competition News
Meta, the parent company of Facebook, Instagram, and WhatsApp, is facing an €800 million fine imposed by the European Union. This decision comes as the EU…
Boohoo Group has publicly criticised Frasers Group, accusing it of prioritising its own commercial interests over shareholder value.Frasers Group, with a 27% stake, has been in…
Asos CEO José Antonio Ramos Calamonte remains optimistic about the company’s future despite an 18% fall in UK orders.The company’s revenue dropped 18% to £2.9bn, with…
The proposed merger between Amex Global Business Travel and CWT Holdings has sparked significant regulatory concerns.This merger of two major travel management entities could limit market…
GXO’s acquisition of Wincanton faces scrutiny from the UK’s Competition and Markets Authority (CMA).The CMA warns of reduced competition and potential cost hikes in contract logistics…
The UK’s Competition and Markets Authority (CMA) is scrutinising Google’s investment in Anthropic to evaluate market concentration.Google’s $2bn investment in AI startup Anthropic has triggered a…
Financial advisers are urged to bridge the advice gap.FCA Director Graeme Reynolds emphasises the importance of supporting vulnerable clients.Over £430 billion in assets remain underutilised amongst…
The Competition and Markets Authority (CMA) has initiated a formal investigation into Carlsberg’s £3.3 billion acquisition of Britvic, aiming to assess potential impacts on competition within…
The Competitions and Markets Authority (CMA) has intervened in Lindab’s acquisition over monopoly concerns.Lindab International AB’s takeover of HAS-Vent Holdings prompted CMA’s order to sell UK…
A significant update to a travel agent portal marks a strategy to enhance agent support.The revamped platform includes the new ‘Find My Holiday’ tool for tailored…
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