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UK Plans Strict Regulations On Metaverse

The latest evidence here is that, in the midst of an ongoing joust with regulators over data privacy in Europe, Meta might shutter Facebook...
Meta

UK Watchdog Fines Meta For Breaching Competition Law, Again

The UK’s competition watchdog said Meta failed to inform it of key staff movements as per orders relating to the acquisition of Giphy, reported Markets...
Drug Prices

UK Fines Big Pharma Over Drug Prices

Five UK firms have been slapped with a combined £35 million (US$47 million) fine from the competition watchdog for illegally driving up the price...
Investment UK flag

UK Watchdog Issues Warning To Monzo Over Banking Regulations, Again

The United Kingdom’s competition watchdog has issued a warning to UK challenger bank Monzo over a breach of retail banking regulations under the Retail Banking...
UK

UK Watchdog To Probe Property Insurance Costs

Property insurers have forced “crippling costs” onto residents of apartment blocks in the aftermath of the Grenfell disaster, the UK government stated as it...
Music Streaming

UK Watchdog Launches Music Streaming Market Probe

Britain’s competition regulator has launched an investigation into the music streaming market to establish whether innovation is being stifled and if any companies hold...
Merger

UK Watchdog Probes Clayton $10B Deal For Morrisons

UK's competition regulator has formally opened an investigation into whether a takeover by US private equity firm Clayton, Dubilier & Rice Holdings (CD&R) of...
cyclist

UK InsurTech Laka Nets $12M For eMobility Solution

London-based cyclist InsurTech startup Laka has secured more than £10.6 million (US$12 million) to advance its insurance model, EU-Startups reported on Wednesday, January 26. The round was led by...
CMA

UK Labs Will Issue COVID Testing Refunds After CMA Probe

A PCR Covid-19 travel tests provider has committed to improve a number of its practices and ensure that refunds due to customers have been...
Mastercard

UK Fines Mastercard Over Prepaid Cartel Activities

Five payment companies, including Mastercard, have been fined a total of more than £33 million (US$45 million) for operating illegal cartels when providing prepaid...
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