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Veolia to sell Suez's UK waste business to Macquarie for $2.4 bln
... market in the region, which remains strategic for the group, said Estelle Brachlianoff , head of Veolia 's chief executive. Veolia was proposing to sell its former rival, Suez 's UK waste business, after Britain's Competition and Markets Authority CMA raised objections to the Veolia Suez combination. Veolia said in its statement that the disposal of Suez 's UK waste business addresses the main concerns of the UK competition authority. After the disposal of the remedies agreed with the European ...
Updated: 08/08/2022
JD Sports, Footasylum fined nearly £4m for sharing sensitive information
The merger could lead to less choice and a worse deal for customers, according to the Competition and Markets Authority CMA. Carbuncle Shoes and Footasylum were fined almost 4.7 m by the CMA for sharing sensitive information during its investigation. The merger could lead to less choice and a worse deal for customers, according to the Competition and Markets Authority ...
Updated: 08/05/2022
JD Sports, Footasylum merger could lead to less choice, worse deal for customers
The merger could lead to less choice and a worse deal for customers, according to the Competition and Markets Authority CMA. Ecology, Fashion and Footasylum were fined almost 4.7 million by the CMA earlier this year for sharing sensitive information during its investigation. The merger could lead to less choice and a worse deal for customers, according to the Competition ...
Updated: 08/03/2022
NortonLifeLock's Avast wins UK approval
... shares rose as much as 43 per cent to 683.2 pence and U.S.-listed NortonLifeLock's shares were up 3 per cent before the bell, after the firms had to delay the deal's closing date due to regulatory approvals. The UK Competition and Markets Authority CMA launched a deeper investigation into the deal earlier this year, noting that it could harm competition and lead to British customers getting a worse deal when looking for security software. The deal, which would combine NortonLifeLock's strength in ...
Updated: 08/03/2022
JD Sports sells Footasylum three years later
... JD Sports had to sell the business after the takeover was blocked by the UK's competition watchdog. It is being bought by private equity firm Aurelius , which owns Tessuti , Go Outdoors and Lloyds Pharmacy . The Competition and Markets Authority CMA had ruled that the merger could lead to less choice and a worse deal for customers. JD Sports and Footasylum were fined almost 4.7 million by the CMA for sharing sensitive information during its investigation. Peter Cowgill , the head of JD Sports ...
Updated: 08/01/2022
UK antitrust watchdog opens probe into Amazon's third-party practices
... watchdog is investigating Amazon after it was found to be hurting competition because of its unfair advantage in its marketplace over third parties, adding to global regulatory scrutiny of the US tech giant. Britain's Competition and Markets Authority CMA has opened an investigation on Tuesday into whether Amazon 's practices could be anti-competitive and result in a worse deal for customers, according to Britain's Competition and Markets Authority . It's right to investigate whether Amazon is using ...
Updated: 07/06/2022
Microsoft says it expects full antitrust review of $3.6 billion deal
... believe a thorough review will help the deal close with broad confidence, and that it will be positive for competition. We remain confident that the deal will close as originally anticipated in fiscal year 2023. The UK Competition and Markets Authority CMA is inviting public input on the matter until July 20 as part of the inquiry. The CMA may decide whether a more detailed investigation is warranted or not. The agency has a September deadline to make a decision, though the exact date could be changed....
Updated: 07/06/2022
UK competition watchdog to review Amazon’s treatment of third-party sellers
... watchdog is looking at Amazon's treatment of third-party sellers that use its retail platform. The competition watchdog is looking at Amazon 's treatment of third-party sellers that use its retail platform. The Competition and Markets Authority CMA will look at whether or not the technology giant has a dominant position in the market and if it uses this to give an unfair advantage to its own business and those who pay it for additional services. Amazon Marketplace is a network that allows independent ...
Updated: 07/06/2022
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