Competition And Markets Authority

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The £9 million purchase of 30 CTD Tiles stores by rival retailer Topps Tiles raises competition concerns in four areas of the United Kingdom, the Competition and Markets Authority (CMA) has found.

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The Competition and Markets Authority (CMA) has today published its recommendations for the future oversight and governance of Open Banking. The CMA’s recommendations will be taken into consideration in the design of a future entity to succeed the Open Banking Implementation Entity (OBIE). The

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The Competitions and Markets Authority (CMA) has written to digital bank Monzo about a breach of the Retail Banking Market Investigation Order 2017 in relation to the bank's monthly maximum charge. This requires banks and building societies to specify, for each Personal Current Account (PCA) product

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Andrea Coscelli, the chief executive of the Competitions and Markets Authority (CMA), has confirmed he will step down from the role at the end of his current term in July 2022. Dr Coscelli joined the CMA as an Executive Director when it was created in 2013 and he has held the position of Chief Execu

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The Competition and Markets Authority (CMA) is to be given new powers to fine companies that rip off customers, make misleading claims, or have unfair terms and conditions. It is expected that Kwasi Kwarteng, business secretary, will announce the proposals next week to strengthen the CMA's powers po

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The Competition and Markets Authority (CMA) has imposed fines totalling over £260 million for competition law breaches in relation to the supply of hydrocortisone tablets. The fines are the result of a CMA investigation into the conduct of several pharmaceutical firms which found that Aud

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The Competition and Markets Authority (CMA) has issued a warning to a series of UK banks including Monzo, NatWest and Virgin Money after they breached a rule requiring them to send former customers their transaction histories. As a result of the Retail Banking Market Investigation Order 2017, banks

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The Competition and Markets Authority (CMA) has provisionally found that the proposed merger between Crowdcube and Seedrs will reduce competition and innovation. Crowdcube and Seedrs are the 2 largest equity crowdfunding platforms in the UK. These types of platforms connect small and medium-sized en

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Banking customers at the Royal Bank of Scotland are the least satisfied in the UK, a survey conducted by the Competition and Markets Authority (CMA) has found. Just 47% of customers who responded to the poll said that they would recommend the personal current account provider to family and friends.

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The Competition and Markets Authority (CMA) has stopped Clydesdale Bank from forcing small business customers to open a business current account with it to get a COVID-19 Bounce Back Loan. The watchdog found that Clydesdale, which is owned by Virgin Money, was in breach of legal undertakings that pr

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