UK Competition and Markets Authority News and Legal Updates
Met investigates donations to Jenrick leadership campaign
Britain's election watchdog has already flagged potential offences beyond its remit, and the Metropolitan Police is now investigating donations tied to Robert Jenrick's 2024 Conservative ...
Cal-Maine family shareholders cashed out after egg price surge and antitrust scrutiny
A sharp run-up in U.S. egg prices, profits and Cal-Maine shares creates the backdrop for a sizable sale by the family behind the country’s largest egg producer. The partial selldown comes after ...
BlueCrest tax appeal defeat raises UK hedge fund scrutiny
BlueCrest Capital Management faces a potential £200 million cost after the Supreme Court dismisses its appeal in a long-running dispute over how its traders were taxed. The ruling sharpens ...
Forvis Mazars faces £600,000 FRC fine over Studio Retail audit failures
UK audit oversight remains under pressure as regulators push mid-tier firms to raise standards in the public interest audit market. The Financial Reporting Council has fined Forvis Mazars and ...
U.S. Justice Department pursues Scattered Spider case after Finland extradites suspect
Federal prosecutors in Chicago are advancing a cybercrime case tied to the Scattered Spider hacking group after a 19-year-old dual U.S.-Estonian citizen is brought to the United States from ...
UK watchdog widens childcare market probe in England
England’s childcare market is coming under broader competition scrutiny as concerns grow over costs, choice and the availability of places for families. The expanded review also examines how a ...
CMA opens childcare market probe in England
England’s childcare market is coming under fresh scrutiny as regulators examine whether families can access suitable services and whether providers can operate sustainably. The review covers ...
UK fibre market deal faces CMA in-depth review over £2bn Netomnia takeover
Britain’s broadband consolidation plans face a fresh regulatory hurdle as the Competition and Markets Authority opens an in-depth review of a proposed £2bn takeover of Netomnia by the owners of ...
NatWest faces £250mn lawsuit over alleged Rockfire payment failures tied to Thurrock scandal
Liquidators of two Rockfire Group companies are seeking more than £250mn from NatWest's Royal Bank of Scotland unit over alleged unauthorised payments linked to the collapse of a UK solar ...
U.S. Justice Department charges New York woman with attempting to send cryptocurrency to Palestine Islamic Jihad
Federal prosecutors say a woman from upstate New York is arrested on allegations that she tried to provide financial support to the Palestine Islamic Jihad through cryptocurrency transfers. The ...
U.S. egg producers settle benchmark manipulation claims
A proposed federal court settlement targets alleged co-ordination in the U.S. egg market during a period of extreme price volatility. Cal-Maine Foods, Versova and Hickman’s Egg Ranch agree to ...
U.S. Justice Department seeks to end alleged egg price manipulation by major producers
Federal and state antitrust enforcers are moving to curb practices they say distorted benchmark egg prices used across the country. The case targets Cal-Maine Foods, Hickman’s Egg Ranch and ...
UK watchdog targets Apple and Google app store fees
Britain’s competition regulator is moving to reshape how mobile app payments work, with proposals that could let developers steer users outside Apple and Google’s app stores. The consultation ...
UK CMA outlines digital markets regime focus on competition and proportionality
The UK’s digital markets competition regime is presented as a tool to support economic growth, consumer choice and fair opportunities for businesses that depend on major technology platforms. ...
UK regulator consults on Apple and Google mobile platform rules
Britain’s digital markets regime is moving into a new phase as the Competition and Markets Authority proposes rules that could loosen Apple and Google’s control over app payments. The measures ...
U.S. Supreme Court ruling expands presidential power over FTC appointments
A U.S. Supreme Court decision on Tuesday strengthens the president's authority over independent regulatory agencies by allowing the removal of a Federal Trade Commission commissioner. The ruling ...
Market Financial Solutions owner travel ban lifted as fraud-linked UK probe continues
Pressure on creditors and regulators around the collapse of Market Financial Solutions remains high after restrictions on owner Paresh Raja were eased in Dubai. The worldwide freezing order ...
Leon Black to face U.S. lawmakers in Epstein-related congressional probe
Congressional scrutiny of Jeffrey Epstein's network is widening as former business associates and high-profile figures are called in for private interviews. Leon Black is due to appear before the ...
California trader pleads guilty in securities spoofing case
A Northern California trading case is moving toward sentencing after a guilty plea tied to alleged market manipulation across several years. Prosecutors say the conduct involved more than 3,000 ...
Trump targets oil companies over fuel pricing as crude pulls back
Lower crude prices are intensifying scrutiny of how quickly fuel costs are passed through to consumers in the U.S. President Donald Trump says oil companies are keeping pump prices too high and ...
U.S. Justice Department seizes Huione Group account in crypto laundering crackdown
Federal authorities are intensifying their campaign against crypto-enabled fraud networks tied to Southeast Asia with a new seizure targeting infrastructure linked to Huione Group. The action ...
