Competition and Markets Authority

UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
December 09, 2019  |  Amazon Acquisitions

The Competition and Markets Authority (CMA) will decide on Wednesday (Dec. 10) if Amazon’s quest to acquire a stake in Deliveroo — among the U.K.’s...

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UK Gives Green Light To PayPal/iZettle Deal
UK Gives Green Light To PayPal/iZettle Deal
April 30, 2019  |  Partnerships / Acquisitions

PayPal’s acquisition of iZettle is getting closer to completion after U.K.’s competition regulator dropped its opposition to the $2.2 billion deal. According to a report...

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UK Watchdog Blocks Asda And Sainsbury’s Merger
UK Watchdog Blocks Asda And Sainsbury’s Merger
April 25, 2019  |  Retail

With concerns that a merger between Asda and Sainsbury’s would raise prices for shoppers, the arrangement has been blocked by the competition watchdog in the...

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UK Changes Course On Big Four Accounting Breakup
UK Changes Course On Big Four Accounting Breakup
April 03, 2019  |  B2B Payments

The U.K. may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided...

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No Breakup For UK’s Big Four Accountancy Firms
No Breakup For UK’s Big Four Accountancy Firms
December 19, 2018  |  B2B Payments

The U.K.’s Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA), The Guardian reported...

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FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
FCA Rolls Out Rules To Help Consumers Make Better Financial Services Decisions
August 16, 2018  |  Regulation

The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better...

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UK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
UK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
February 08, 2018  |  Fintech Investments

Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7) that they shouldn’t...

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UK FIs Take Another Step To Compete With FinTechs
UK FIs Take Another Step To Compete With FinTechs
February 06, 2018  |  B2B Payments

Several U.K. banks have reportedly standardized the onboarding process for new small business (SMB) customers, adhering to regulators’ efforts to ease bank-switching, another move by...

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