Tag: CMA
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UK CMA grants Google ‘strategic market status’—what it means for UK search
What is Strategic Market Status and why now? The UK’s competition watchdog, the Competition and Market Authority (CMA), has designated Google as holding “strategic market status” (SMS) in the realms of search and search advertising. This rare move places Google in a special regulatory category designed for firms with significant market power. In practical terms,…
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UK watchdog grants Google special status in search, signaling tighter regulation ahead
UK CMA grants Google strategic market status in search The Competition and Markets Authority (CMA) has designated Google as a company with strategic market status (SMS) in the UK search and search advertising sectors. This is the first time the CMA has applied the designation to a tech firm, and it signals that Google could…
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UK water bills rise: CMA approves limited price increases for five suppliers amid broader regulatory push
Regulator approves modest price rises for five water suppliers Millions in England face higher water bills even as the competition regulator tightens the reins on price demands. The Competition and Markets Authority (CMA) provisionally authorised five water companies to raise charges above what Ofwat had allowed, but rejected most of the companies’ larger increases. The…
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UK Water Bills Rise: CMA Grants Limited Increases Amid Regulator Push for Upgrades
Overview: A Narrow Path Between Investment and Affordability Millions of households across England face higher water bills after the UK competition regulator, the Competition and Markets Authority (CMA), provisionally approved additional charges for five water suppliers. The decision allows an extra £556 million to be collected from customers over the next five years, but notes…
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Regulator approves limited price rises as England’s water bills push higher
England’s water bills set to rise, but by a smaller margin than requested Millions of households across England face higher water bills after the competition regulator provisionally allowed five regional suppliers to increase charges. The independent CMA panel approved increases that collectively total an extra £556m over five years, far below the £2.7bn the firms…