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N토토 2021-11-19
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사설토토 The Competition and Markets Authority (CMA) today mentioned JD to offload Footasylum, saying the course of action found a way ways to leave customers standing up to more over the top expenses and less choice. It is plausible they would pay more for less choice, more horrible assistance and lower quality. The CMA attempted to obstruct the course of action anyway needed to rethink its decision after an appeal. The confirmation we have inspected shows that JD Sports and Footasylum are changing incredible to monetary circumstances and would continue to be useful should the combination not continue. Structure said: "Footasylum isn't really a material piece of JD and was a pioneering purchase regardless.
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0
Shane Higgins 2016-07-06
img

Online publishers, bloggers, tweeters and other "digital influencers" must "clearly and prominently" label content they are paid to produce as paid-for promotions, new guidance developed by a body of regulators from around the world has said.

The International Consumer Protection and Enforcement Network ICPEN , in work led by the UK's Competition and Markets Authority CMA , has published new guidelines on online reviews and endorsements for review administrators 13-page/517KB PDF , traders and marketers 11-page/3.36MB PDF and digital influencers 10-page/1.73MB PDF .

In its guidance for digital influencers it warned that if an online review or endorsement is "not based on a genuine user experience" or "displays elements of bias without appropriate disclosure" then it can negatively impact on consumers and competition.

This is because it can serve to mislead consumers into "taking decisions … they would not otherwise have taken" and because businesses that "do not engage in misleading practices" could lose trade to companies that do.

Businesses and individuals in a position of influence online should therefore "tell their readers/viewers about any incentive financial or otherwise that may have influenced or led them to post particular content", the new guidance said.

The guidelines apply regardless of the form the paid-for content comes in.

collect
0
Michelle Briggs 2021-06-25
img
The Competition and Markets Authority said it opened a formal investigation into whether the two companies broke UK consumer law by failing to protect shoppers.The watchdog started looking into phony reviews on some big websites last year - without identifying any specific ones
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0
Danny Knackstedt 2016-05-23
img

Government plans to flog off the Land Registry have been heavily criticised by the Competition and Markets Authority, which warns it will create a private monopoly hold over public data.

It said the creation of "NewCo" would pose "a significant risk" in providing value to the public and "may degrade the terms of access to its monopoly data in order to weaken competition to its own commercial products."

According to the CMA, accountancy firm Deloitte has valued public sector data at between £6.2bn and £7.2bn per year.

"We believe that consumers and the economy would be best served by a model that promotes wide access to Land Registry data at cost-reflective prices, encouraging its use and commercial exploitation by a range of individuals and businesses," said the CMA.

According to a report by the New Economics Foundation on behalf of campaigning group We Own It today, the public will lose out financially from the sale.

A public consultation by the Department for Business, Innovation and Skills on the Land Registry s future will close on 26 May 2016.

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0
Richard Skaggs 2019-02-20
img

The Competition and Markets Authority has been weighing up the pros and cons of allowing Sainsbury's and Asda to conduct a super-merger of themselves, and appears to be slowly moving towards blocking the deal entirely.

The CMA's initial report is quite damining of the prospect of the two grocery giants combining, and is warning that it could lead to higher prices for food and fuel, along with less choice and lower quality levels, adding that there could be a "...a substantial lessening of competition at both a national and local level" if the merger was allowed to go ahead.

This isn't yet a firm "No" to the idea, mind, as some steps could be taken that may get the merger approved.

Some local branches could be sold off to rivals, and perhaps even the Sainsbury or Asda brands themselves could be disposed of before the physical assets are combined, opening up areas where there's currently some overlap between the two retailers to their competitors.

The CMA says it's likely to be difficult for the two supermarkets to unbundle enough of their offerings in order to make a merger palatable to authorities, mind, so it could well be blocked.

Final decisions will be made public on April 30.

collect
0
Porter Johnson 2019-02-20
img

The Competition and Markets Authority has been weighing up the pros and cons of allowing Sainsbury's and Asda to conduct a super-merger of themselves, and appears to be slowly moving towards blocking the deal entirely.

The CMA's initial report is quite damining of the prospect of the two grocery giants combining, and is warning that it could lead to higher prices for food and fuel, along with less choice and lower quality levels, adding that there could be a "...a substantial lessening of competition at both a national and local level" if the merger was allowed to go ahead.

This isn't yet a firm "No" to the idea, mind, as some steps could be taken that may get the merger approved.

Some local branches could be sold off to rivals, and perhaps even the Sainsbury or Asda brands themselves could be disposed of before the physical assets are combined, opening up areas where there's currently some overlap between the two retailers to their competitors.

The CMA says it's likely to be difficult for the two supermarkets to unbundle enough of their offerings in order to make a merger palatable to authorities, mind, so it could well be blocked.

Final decisions will be made public on April 30.

collect
0
Eric Vela 2017-10-27
img

Hotel booking sites are to be probed by the UK's competition watchdog to see if consumers are being misled by them.

The Competition and Markets Authority is concerned that rather than helping consumers, the sites might actually be making it more difficult for them.

The investigation will examine areas such as hidden charges, search results, and discount claims.

In a statement, booking site Trivago, which is majority owned by Expedia, said: "Trivago will work with the CMA to explain the benefits it delivers to consumers looking for their ideal hotel."

According to the CMA, about 70% of people who shop around for accommodation use hotel booking sites.

The British Hospitality Association (BHA) said it welcomed the probe as many of its members were concerned about the "vast power" of online booking agencies.

collect
0
Carl Dechant 2017-11-13
img

Antitrust body tries to keep up with business in the digital age

The Competition and Markets Authority is to assemble a dedicated team to handle the use of algorithms, artificial intelligence and big data in business.

The move is intended to improve the CMA's capability to collect and study data, analyse how companies use data and algorithms, and the implications for consumers and competition.

It also hopes to work with researchers, tech companies, the Information Commissioner's Office and other regulators.

The team will be headed by a chief data and technology insights officer, a role which will be advertised later in November.

Data and algorithms are becoming ever more central to business models and competition issues.

collect
0
Janet Gaines 2017-06-29
img

The proposed £11.7bn takeover of Sky by Rupert Murdoch's 21st Century Fox has been referred to the Competition and Markets Authority regulator today.

Culture secretary Karen Bradley announced the decision after considering an investigation into the takeover by the media watchdog Ofcom, which found the deal might influence the "overall news agenda" and the entity's ability to "influence the political process".

Bradley said that on the basis of Ofcom’s assessment she was minded to refer the deal to a six-month investigation by the CMA on the grounds of media plurality.

She said: "The reasoning and evidence on which Ofcom’s recommendation is based are persuasive.

The proposed entity would have the third largest total reach of any news provider - lower only than the BBC and ITN - and would, uniquely, span news coverage on television, radio, in newspapers and online."

Ofcom’s report states that the proposed transaction would give the Murdoch Family Trust material influence over news providers with a significant presence across all key platforms, said Bradley.

collect
0
Mark Moore 2016-09-29
img

The Competition and Markets Authority CMA says it will look into the way price comparison websites, which enable consumers to compare products and services, operate.

The watchdog says its reviews into private motor insurance, energy and banking have highlighted how these tools can boost competition.

It says it wants to see how they can be used to maximise consumer benefits.

But it will also consider concerns expressed about such services.

The CMA will examine whether arrangements between these providers and the suppliers that sell through them might restrict competition.

These sites began operating about 10 years ago.

collect
0
Thomas Crain 2020-09-07
img
Financial Times investigation has questioned the validity of many five-star reviews of products on Amazon UK.
collect
0
Kristie Hernandez 2019-02-12
img

Ebay's acquisition of car search business Motors.co.uk has been given the all-clear by the Competition and Markets Authority (CMA).

The deal, first announced in October, last year, will see Ebay merge Motors.co.uk with its other consumer-facing car sales business Gumtree Motors.

The CMA said at the time of launching its probe in December that it had feared a "substantial lessening" of competition in the sector as a result of the merger.

The tie-up will create a combined group of Motors.co.uk, Gumtree Motors and Ebay Motors, which will offer more than 620,000 car listings across the sites and reach more than 10m unique site visitors.

The move blows its next largest rival out of the water, as Auto Trader manages roughly 500,000 listings.

Read more: Competition watchdog launches probe into Ebay's acquisition of Motors.co.uk

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0
John Henderson 2018-12-05
img

The UK’s competition watchdog plans to launch an in-depth investigation into PayPal’s takeover of iZettle amid fears it could drive up prices for customers.

The Competition and Markets Authority (CMA) said it is concerned the deal could negatively impact future competition for mobile payment services, which it said could result in higher prices or lower quality service for customers.

The CMA had carried out an initial investigation and asked Paypal to offer proposals to address the concerns.

But today the watchdog said Paypal had failed to resolve its concerns and it will refer the deal for an in-depth probe by an independent group of CMA panel members.

A Paypal spokesperson said: “Paypal is working cooperatively with the CMA and is committed to demonstrating to the panel of experts that the market is, and will remain, competitive.”

The CMA announced its intention to investigate Paypal’s $2.2bn merger with the Swedish payments startup on the day the deal completed in September.

collect
0
David Cox 2016-08-09
img

The Competition and Markets Authority has finished its two-year sighing and meetings process looking at the state of the UK banking sector, with one key conclusion being that the banks aren't trying hard enough to compete with each other via their mobile options.

So the CMA would like them all to push app connectivity much harder.

Because we have lots of legacy big banks people opened accounts with decades ago and can't be bothered switching, it makes it hard for smaller and newer financial businesses to break in.

To help fix this, the CMA is pushing for its "Open Banking" system to be put in place by 2018; a series of changes that should make it easier to switch providers on a whim and would also open access to data to third-party apps, meaning all sorts of financial aggregators and ones offering the gamification of savings could appear.

The CMA is also asking banks to send out more local news to their members, suggesting they tell account holders of local branch closures and changes in fee structures, so the bankers of the near future will have more information to hand about whether they're signed up to one of the goodies or one of the baddies.

Want more updates from Gizmodo UK?

collect
0
Charles Houston 2016-08-09
img

The Competition and Markets Authority has finished its two-year sighing and meetings process looking at the state of the UK banking sector, with one key conclusion being that the banks aren't trying hard enough to compete with each other via their mobile options.

So the CMA would like them all to push app connectivity much harder.

Because we have lots of legacy big banks people opened accounts with decades ago and can't be bothered switching, it makes it hard for smaller and newer financial businesses to break in.

To help fix this, the CMA is pushing for its "Open Banking" system to be put in place by 2018; a series of changes that should make it easier to switch providers on a whim and would also open access to data to third-party apps, meaning all sorts of financial aggregators and ones offering the gamification of savings could appear.

The CMA is also asking banks to send out more local news to their members, suggesting they tell account holders of local branch closures and changes in fee structures, so the bankers of the near future will have more information to hand about whether they're signed up to one of the goodies or one of the baddies.

Want more updates from Gizmodo UK?

collect
0
Corey Matthew 2016-08-11
img

Image caption Social Chain made an undertaking to stop the practice

Dozens of celebrities have been warned about endorsing products on social media without declaring they had been paid to do so, the government has said.

They posted the adverts on Twitter, YouTube and Instagram, the government body said.

It added that Social Chain organised 19 marketing campaigns featuring undisclosed advertising in a four-month period last year.

The posts appeared on social media accounts with a "combined reach of around four million followers" and some of the campaigns "trended on Twitter, which may have increased their readership further".

The CMA wrote to 43 celebrities and 15 businesses to "warn them that arranging or publishing advertising that is not clearly labelled may result in them breaching consumer protection law".

collect
0
N토토 2021-11-19
img
사설토토 The Competition and Markets Authority (CMA) today mentioned JD to offload Footasylum, saying the course of action found a way ways to leave customers standing up to more over the top expenses and less choice. It is plausible they would pay more for less choice, more horrible assistance and lower quality. The CMA attempted to obstruct the course of action anyway needed to rethink its decision after an appeal. The confirmation we have inspected shows that JD Sports and Footasylum are changing incredible to monetary circumstances and would continue to be useful should the combination not continue. Structure said: "Footasylum isn't really a material piece of JD and was a pioneering purchase regardless.
Michelle Briggs 2021-06-25
img
The Competition and Markets Authority said it opened a formal investigation into whether the two companies broke UK consumer law by failing to protect shoppers.The watchdog started looking into phony reviews on some big websites last year - without identifying any specific ones
Richard Skaggs 2019-02-20
img

The Competition and Markets Authority has been weighing up the pros and cons of allowing Sainsbury's and Asda to conduct a super-merger of themselves, and appears to be slowly moving towards blocking the deal entirely.

The CMA's initial report is quite damining of the prospect of the two grocery giants combining, and is warning that it could lead to higher prices for food and fuel, along with less choice and lower quality levels, adding that there could be a "...a substantial lessening of competition at both a national and local level" if the merger was allowed to go ahead.

This isn't yet a firm "No" to the idea, mind, as some steps could be taken that may get the merger approved.

Some local branches could be sold off to rivals, and perhaps even the Sainsbury or Asda brands themselves could be disposed of before the physical assets are combined, opening up areas where there's currently some overlap between the two retailers to their competitors.

The CMA says it's likely to be difficult for the two supermarkets to unbundle enough of their offerings in order to make a merger palatable to authorities, mind, so it could well be blocked.

Final decisions will be made public on April 30.

Eric Vela 2017-10-27
img

Hotel booking sites are to be probed by the UK's competition watchdog to see if consumers are being misled by them.

The Competition and Markets Authority is concerned that rather than helping consumers, the sites might actually be making it more difficult for them.

The investigation will examine areas such as hidden charges, search results, and discount claims.

In a statement, booking site Trivago, which is majority owned by Expedia, said: "Trivago will work with the CMA to explain the benefits it delivers to consumers looking for their ideal hotel."

According to the CMA, about 70% of people who shop around for accommodation use hotel booking sites.

The British Hospitality Association (BHA) said it welcomed the probe as many of its members were concerned about the "vast power" of online booking agencies.

Janet Gaines 2017-06-29
img

The proposed £11.7bn takeover of Sky by Rupert Murdoch's 21st Century Fox has been referred to the Competition and Markets Authority regulator today.

Culture secretary Karen Bradley announced the decision after considering an investigation into the takeover by the media watchdog Ofcom, which found the deal might influence the "overall news agenda" and the entity's ability to "influence the political process".

Bradley said that on the basis of Ofcom’s assessment she was minded to refer the deal to a six-month investigation by the CMA on the grounds of media plurality.

She said: "The reasoning and evidence on which Ofcom’s recommendation is based are persuasive.

The proposed entity would have the third largest total reach of any news provider - lower only than the BBC and ITN - and would, uniquely, span news coverage on television, radio, in newspapers and online."

Ofcom’s report states that the proposed transaction would give the Murdoch Family Trust material influence over news providers with a significant presence across all key platforms, said Bradley.

Thomas Crain 2020-09-07
img
Financial Times investigation has questioned the validity of many five-star reviews of products on Amazon UK.
John Henderson 2018-12-05
img

The UK’s competition watchdog plans to launch an in-depth investigation into PayPal’s takeover of iZettle amid fears it could drive up prices for customers.

The Competition and Markets Authority (CMA) said it is concerned the deal could negatively impact future competition for mobile payment services, which it said could result in higher prices or lower quality service for customers.

The CMA had carried out an initial investigation and asked Paypal to offer proposals to address the concerns.

But today the watchdog said Paypal had failed to resolve its concerns and it will refer the deal for an in-depth probe by an independent group of CMA panel members.

A Paypal spokesperson said: “Paypal is working cooperatively with the CMA and is committed to demonstrating to the panel of experts that the market is, and will remain, competitive.”

The CMA announced its intention to investigate Paypal’s $2.2bn merger with the Swedish payments startup on the day the deal completed in September.

Charles Houston 2016-08-09
img

The Competition and Markets Authority has finished its two-year sighing and meetings process looking at the state of the UK banking sector, with one key conclusion being that the banks aren't trying hard enough to compete with each other via their mobile options.

So the CMA would like them all to push app connectivity much harder.

Because we have lots of legacy big banks people opened accounts with decades ago and can't be bothered switching, it makes it hard for smaller and newer financial businesses to break in.

To help fix this, the CMA is pushing for its "Open Banking" system to be put in place by 2018; a series of changes that should make it easier to switch providers on a whim and would also open access to data to third-party apps, meaning all sorts of financial aggregators and ones offering the gamification of savings could appear.

The CMA is also asking banks to send out more local news to their members, suggesting they tell account holders of local branch closures and changes in fee structures, so the bankers of the near future will have more information to hand about whether they're signed up to one of the goodies or one of the baddies.

Want more updates from Gizmodo UK?

Shane Higgins 2016-07-06
img

Online publishers, bloggers, tweeters and other "digital influencers" must "clearly and prominently" label content they are paid to produce as paid-for promotions, new guidance developed by a body of regulators from around the world has said.

The International Consumer Protection and Enforcement Network ICPEN , in work led by the UK's Competition and Markets Authority CMA , has published new guidelines on online reviews and endorsements for review administrators 13-page/517KB PDF , traders and marketers 11-page/3.36MB PDF and digital influencers 10-page/1.73MB PDF .

In its guidance for digital influencers it warned that if an online review or endorsement is "not based on a genuine user experience" or "displays elements of bias without appropriate disclosure" then it can negatively impact on consumers and competition.

This is because it can serve to mislead consumers into "taking decisions … they would not otherwise have taken" and because businesses that "do not engage in misleading practices" could lose trade to companies that do.

Businesses and individuals in a position of influence online should therefore "tell their readers/viewers about any incentive financial or otherwise that may have influenced or led them to post particular content", the new guidance said.

The guidelines apply regardless of the form the paid-for content comes in.

Danny Knackstedt 2016-05-23
img

Government plans to flog off the Land Registry have been heavily criticised by the Competition and Markets Authority, which warns it will create a private monopoly hold over public data.

It said the creation of "NewCo" would pose "a significant risk" in providing value to the public and "may degrade the terms of access to its monopoly data in order to weaken competition to its own commercial products."

According to the CMA, accountancy firm Deloitte has valued public sector data at between £6.2bn and £7.2bn per year.

"We believe that consumers and the economy would be best served by a model that promotes wide access to Land Registry data at cost-reflective prices, encouraging its use and commercial exploitation by a range of individuals and businesses," said the CMA.

According to a report by the New Economics Foundation on behalf of campaigning group We Own It today, the public will lose out financially from the sale.

A public consultation by the Department for Business, Innovation and Skills on the Land Registry s future will close on 26 May 2016.

Porter Johnson 2019-02-20
img

The Competition and Markets Authority has been weighing up the pros and cons of allowing Sainsbury's and Asda to conduct a super-merger of themselves, and appears to be slowly moving towards blocking the deal entirely.

The CMA's initial report is quite damining of the prospect of the two grocery giants combining, and is warning that it could lead to higher prices for food and fuel, along with less choice and lower quality levels, adding that there could be a "...a substantial lessening of competition at both a national and local level" if the merger was allowed to go ahead.

This isn't yet a firm "No" to the idea, mind, as some steps could be taken that may get the merger approved.

Some local branches could be sold off to rivals, and perhaps even the Sainsbury or Asda brands themselves could be disposed of before the physical assets are combined, opening up areas where there's currently some overlap between the two retailers to their competitors.

The CMA says it's likely to be difficult for the two supermarkets to unbundle enough of their offerings in order to make a merger palatable to authorities, mind, so it could well be blocked.

Final decisions will be made public on April 30.

Carl Dechant 2017-11-13
img

Antitrust body tries to keep up with business in the digital age

The Competition and Markets Authority is to assemble a dedicated team to handle the use of algorithms, artificial intelligence and big data in business.

The move is intended to improve the CMA's capability to collect and study data, analyse how companies use data and algorithms, and the implications for consumers and competition.

It also hopes to work with researchers, tech companies, the Information Commissioner's Office and other regulators.

The team will be headed by a chief data and technology insights officer, a role which will be advertised later in November.

Data and algorithms are becoming ever more central to business models and competition issues.

Mark Moore 2016-09-29
img

The Competition and Markets Authority CMA says it will look into the way price comparison websites, which enable consumers to compare products and services, operate.

The watchdog says its reviews into private motor insurance, energy and banking have highlighted how these tools can boost competition.

It says it wants to see how they can be used to maximise consumer benefits.

But it will also consider concerns expressed about such services.

The CMA will examine whether arrangements between these providers and the suppliers that sell through them might restrict competition.

These sites began operating about 10 years ago.

Kristie Hernandez 2019-02-12
img

Ebay's acquisition of car search business Motors.co.uk has been given the all-clear by the Competition and Markets Authority (CMA).

The deal, first announced in October, last year, will see Ebay merge Motors.co.uk with its other consumer-facing car sales business Gumtree Motors.

The CMA said at the time of launching its probe in December that it had feared a "substantial lessening" of competition in the sector as a result of the merger.

The tie-up will create a combined group of Motors.co.uk, Gumtree Motors and Ebay Motors, which will offer more than 620,000 car listings across the sites and reach more than 10m unique site visitors.

The move blows its next largest rival out of the water, as Auto Trader manages roughly 500,000 listings.

Read more: Competition watchdog launches probe into Ebay's acquisition of Motors.co.uk

David Cox 2016-08-09
img

The Competition and Markets Authority has finished its two-year sighing and meetings process looking at the state of the UK banking sector, with one key conclusion being that the banks aren't trying hard enough to compete with each other via their mobile options.

So the CMA would like them all to push app connectivity much harder.

Because we have lots of legacy big banks people opened accounts with decades ago and can't be bothered switching, it makes it hard for smaller and newer financial businesses to break in.

To help fix this, the CMA is pushing for its "Open Banking" system to be put in place by 2018; a series of changes that should make it easier to switch providers on a whim and would also open access to data to third-party apps, meaning all sorts of financial aggregators and ones offering the gamification of savings could appear.

The CMA is also asking banks to send out more local news to their members, suggesting they tell account holders of local branch closures and changes in fee structures, so the bankers of the near future will have more information to hand about whether they're signed up to one of the goodies or one of the baddies.

Want more updates from Gizmodo UK?

Corey Matthew 2016-08-11
img

Image caption Social Chain made an undertaking to stop the practice

Dozens of celebrities have been warned about endorsing products on social media without declaring they had been paid to do so, the government has said.

They posted the adverts on Twitter, YouTube and Instagram, the government body said.

It added that Social Chain organised 19 marketing campaigns featuring undisclosed advertising in a four-month period last year.

The posts appeared on social media accounts with a "combined reach of around four million followers" and some of the campaigns "trended on Twitter, which may have increased their readership further".

The CMA wrote to 43 celebrities and 15 businesses to "warn them that arranging or publishing advertising that is not clearly labelled may result in them breaching consumer protection law".