Competition and Markets Authority

CMA Warns Barclays, Lloyds to Comply With Open Banking Order
CMA Warns Barclays, Lloyds to Comply With Open Banking Order
March 22, 2022  |  Bank Regulation

The U.K. Competition and Markets Authority (CMA) on March 21 sent two letters to Barclays and Lloyds to communicate the regulator’s concerns about breaching their...

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UK Regulator Orders Barclays to Correct Breaches
UK Regulator Orders Barclays to Correct Breaches
March 21, 2022  |  Bank Regulation

The United Kingdom’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate, comprehensive and timely information on its products...

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CMA: JD Sports, Footasylum Held Improper Meetings
CMA: JD Sports, Footasylum Held Improper Meetings
February 14, 2022  |  Regulation

The U.K.’s competition watchdog has fined sportswear retailer JD Sports and sneaker seller Footasylum $6 million (4.6 million pounds) for sharing commercially sensitive information. As...

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UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
UK Competition Watchdog Issues Second Warning to Monzo Over Breach of Retail Banking Regulations
February 01, 2022  |  Regulation

The United Kingdom’s competition watchdog has issued a warning to U.K. challenger bank Monzo over a breach of retail banking regulations under the Retail Banking...

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NVIDIA, Arm Tell UK Competition Watchdog Why It Should Approve Their Deal
NVIDIA, Arm Tell UK Competition Watchdog Why It Should Approve Their Deal
January 12, 2022  |  Partnerships / Acquisitions

Silicon Valley chip maker NVIDIA and United Kingdom chip designer Arm are fighting back as a U.K. competition regulator considers blocking NVIDIA’s proposed $40 billion...

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UK’s CMA Finds Open Banking Entity Failed to Stop Intimidation, Conflicts of Interest
UK’s CMA Finds Open Banking Entity Failed to Stop Intimidation, Conflicts of Interest
October 03, 2021  |  Digital-First Banking

An independent investigation set up by the Competition and Markets Authority (CMA) found that the Open Banking Implementation Entity (OBIE) has had poor governance and...

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UK Competition Watchdog Begins Facebook Probe Over Data Usage
UK Competition Watchdog Begins Facebook Probe Over Data Usage
March 19, 2021  |  ANTITRUST

The Competition and Markets Authority (CMA), Britain’s antitrust watchdog, is planning an investigation into how Facebook handles user data, the Financial Times (FT) reported on Friday...

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UK Presses Further Ahead With Open Banking Ambitions
UK Presses Further Ahead With Open Banking Ambitions
March 09, 2021  |  B2B Payments

More countries around the world are following in the U.K.’s open banking footsteps, but now, the U.K. is ready to forge even further ahead with...

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UK’s Competition Authority Launches Investigation Into Facebook, Giphy Merger
UK’s Competition Authority Launches Investigation Into Facebook, Giphy Merger
January 28, 2021  |  Facebook

U.K. regulators have officially started a probe into Facebook’s now-completed acquisition of Giphy, a GIF-making and sharing website. The U.K.’s Competition and Markets Authority officially...

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