The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon’s partnership with Anthropic created a relevant merger situation that could result in a lessening of competition. The decision followed the CMA’s invitation for...
British banking providers have completed their Roadmap for Open Banking. That’s according to an announcement Monday (Sept. 9) from Open Banking Limited (OBL), which had gotten confirmation on the completed roadmap from the U.K.’s Competition and Markets Authority (CMA). This means that the nine banking providers mandated by the...
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance in online display advertising to favor its own ad technology services. The regulator added that it will accept comments on...
Great Britain’s payments regulator has taken another step in its variable recurring payments (VRP) project. In December, the Payment Systems Regulator (PSR) put forth a “call for views,” which included proposals for how it could support an expansion of VRPs. On Thursday (Aug. 15), the...
January 16, 2023
The U.K. today counts 6.5 million active users of open banking-powered technology. In a recent statement announcing the news, the country’s Open Banking Implementation Entity (OBIE) added that there were 7.5 million open banking-powered payments in the U.K. as of December 2022. This milestone comes five years after open banking was made a regulatory requirement […]
October 24, 2024
The U.K.’s Competition and Markets Authority (CMA), which is in charge of antitrust regulation, is investigating a partnership between tech giant Alphabet and artificial intelligence startup Anthropic. It will launch a probe Friday (Oct. 25) that aims to determine whether the deal could undermine competition in the United Kingdom, according to a notice issued Thursday […]
September 27, 2024
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon’s partnership with Anthropic created a relevant merger situation...
September 09, 2024
British banking providers have completed their Roadmap for Open Banking. That’s according to an announcement Monday (Sept. 9) from Open Banking Limited (OBL), which had gotten confirmation on the completed roadmap from...
September 06, 2024
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance in online display advertising to...