Competition and Markets Authority

Amazon Faces UK Antitrust Probe Over Sales Practices

Amazon Faces UK Antitrust Probe Over Sales Practices
Amazon Faces UK Antitrust Probe Over Sales Practices
July 06, 2022  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is looking into whether Amazon “has a dominant position in the U.K. and whether it is abusing...

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UK Launches Second Probe of Google Ad Practices
UK Launches Second Probe of Google Ad Practices
May 26, 2022  |  Google

The U.K.’s antitrust watchdog said Thursday (May 26) that it has launched a new investigation into Google’s advertising technology practices, the second in as many...

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UK Regulators’ Path for AI Starts With Auditing Algorithms
UK Regulators’ Path for AI Starts With Auditing Algorithms
May 02, 2022  |  Artificial Intelligence

The Digital Regulation Cooperation Forum (DRCF), a group of four U.K. regulators, published last week, April 28 two documents where it provided businesses with guidance...

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UK to Boost Open Banking With New Regulator
UK to Boost Open Banking With New Regulator
March 25, 2022  |  Banking

The U.K. Treasury, the Competition and Markets Authority (CMA), the Financial Conduct Authority (FCA) and the Payment System Regulator (PSR), issued a joint statement Friday...

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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  |  Legal & 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. Get...

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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  |  Legal & 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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