The UK’s competition watchdog has raised serious concerns about Nvidia’s proposed takeover of chip designer, ARM. Its assessment was published today by the government which will now need to decide whether to ask the Competition and Markets Authority (CMA) to carry out an in-depth probe into the proposed acquisition. In the executive summary of the […]
‘Taper tantrum’ by stock markets points to gaps in the easy recovery story | Nils Pratley
Cheap money, the Delta variant and China’s sluggish performance add up to tough times aheadFinancial markets these days react to any whiff of tighter monetary policy in the US, so a little drama on Thursday was par for the course after the US Federal R…
Ticket resale sites could face closure threat in crackdown on touts
Fines are another option on the back of regulator’s proposals to stop ‘unscrupulous’ touts ripping off fansTicket resale websites such as Viagogo and StubHub could be shut down or hit with large fines if they are found to break consumer protection rule…
Groupon customers could be due cash refunds after UK watchdog warning
CMA says sometimes only credits were offered, and it wants swift change or court action could followCustomers of the deals website Groupon who were told by the firm they had to accept a credit note could be due cash refunds after the UK’s competition w…
Ministers launch review to weed out ‘cowboy’ Covid travel test firms
Sajid Javid cuts price of NHS test and trace package for international arrivals by a fifthCoronavirus – latest updatesSee all our coronavirus coverageMinisters have launched a review of the misleading costs of Covid travel tests from “cowboy” providers…
UK watchdog vows to help fight rip-off Covid test firms
CMA commits to providing the government with advice and data on the PCR testing marketCoronavirus – latest updatesSee all our coronavirus coverageThe UK’s competition watchdog said it is ready to help the government take rapid action against covid test…
Facebook could be forced by UK watchdog to sell gif creator Giphy
Site aims to integrate service with Instagram which ‘could see Facebook withdrawing gifs from competing platforms’Facebook could be forced to sell gif creation website Giphy after an investigation by the UK competition regulator found its takeover coul…