Tag: Competition and Markets Authority (CMA)
CMA roadmap completion lauded as milestone moment for UK Open Banking
The UK is set for the next phase of incorporating Open Banking into its financial ecosystem, at least in a regulatory sense, after the...
Challenger banks winning battle for customer hearts and minds
The UK’s competitions watchdog has revealed that challenger banks are offering the best customer experience, with a familiar name also getting the best feedback...
Microsoft’s AI division under UK spotlight under antitrust probe
The UK’s Competition and Markets Authority (CMA) is looking into Microsoft following a flurry of Inflection AI staff joining its new AI division.
The phase...
Competition watchdog probes Nationwide’s £2.9bn Virgin Money takeover
Nationwide’s takeover of Virgin Money is being investigated by the Competition and Market Authority (CMA) to ensure the acqusion compalies with the Enterprise Act...
Five banks under CMA investigation over competition laws
Five major banks are being investigated by the Competition and Markets Authority (CMA) for sharing competitively sensitive information in one-to-one conversations.
Citi Bank, Deutsche Bank,...
UK to regulate big tech firms with new bill
Tech giants such as Google and Apple may have to abide by new regulations designed for them to retain some of their overwhelming power...