Competition And Markets Authority news and trends

UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI
ANTITRUST // 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 that could result in a lessening of competition. The decision followed the CMA’s invitation for...

UK Banks Complete ‘Roadmap for Open Banking’
Banking // 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 the U.K.’s Competition and Markets Authority (CMA). This means that the nine banking providers mandated by the...

UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law
Google // 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 favor its own ad technology services. The regulator added that it will accept comments on...

PSR Explores Expanding Variable Recurring Payments in UK
Regulation // August 15, 2024

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...

Interviews & Exclusives
What Next for UK’s 6.5M Open Banking Users?

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 […]

Quick Reads
UK’s CMA Launches Antitrust Probe Into Alphabet’s $2 Billion Partnership With Anthropic

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 […]

UK’s CMA Decides Amazon-Anthropic Partnership Won’t Lessen Competition in AI

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...

UK Banks Complete ‘Roadmap for Open Banking’

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...

UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law

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...