DOJ Lawyer: Ticketmaster Monopoly Has Broken Concert Industry
A Justice Department attorney told a New York jury that Ticketmaster and Live Nation have monopolised the concert ticket market, driving up prices. The companies deny the claims.
Category : Regulations
UK Watchdog Investigates Hotel Giants Over Price Coordination
The Competition and Markets Authority is investigating Hilton, Marriott, and IHG for allegedly sharing sensitive data through analytics tool STR, potentially enabling price coordination.
UK Probes Hilton, Marriott Over Pricing Data Sharing
The UK's Competition and Markets Authority investigates Hilton, Marriott, and IHG for suspected collusion on pricing through data analytics, focusing on fair competition in the digital age.
UK Watchdog Investigates Hotel Chains Over Data Sharing
The CMA investigates Hilton, IHG, and Marriott for allegedly sharing sensitive data via STR analytics tool, raising concerns over competition and consumer harm.
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Hotel Chains and Data Firm Probed Over Information Sharing
The UK's Competition and Markets Authority is investigating Hilton, IHG, Marriott, and CoStar over suspected sharing of sensitive data through analytics tools, potentially affecting competition and pricing.
Hilton, Marriott Under CMA Probe for Data Sharing
The Competition and Markets Authority is investigating Hilton, Marriott, IHG and CoStar over suspected sharing of sensitive information through data analytics tools and algorithms.
CMA Probes Hotel Chains and Data Firm Over Information Sharing
The UK's Competition and Markets Authority is investigating Hilton, IHG, Marriott, and CoStar over suspected sharing of sensitive pricing information through algorithms.
UK Reviews Export to Armenian Firm Over Russian Military Ties
Ministers are reassessing a decision to allow a British company to export hi-tech equipment to Armenia after uncovering links to Russia's military supply chain, amid concerns over sanctions evasion.
BNPL Rule Change: Stricter Checks from July 2026
Millions of UK shoppers using services like Clearpay and Klarna will face stricter affordability checks and new consumer protections from July 2026 under government regulation.
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FCA Proposes New Rules to Close Gaps in Credit Files
The Financial Conduct Authority has unveiled proposals to improve credit information sharing, aiming to reduce barriers to affordable credit and prevent fraud.
Ex-Amazon Boss Doug Gurr Nominated as Permanent CMA Chairman
Business and Trade Secretary Peter Kyle has nominated former Amazon executive Doug Gurr as the permanent chairman of the UK's Competition and Markets Authority (CMA).
Doug Gurr Appointed as Next CMA Permanent Chairman
Business and Trade Secretary Peter Kyle has named former Amazon executive Doug Gurr as his preferred candidate to become the permanent chairman of the Competition and Markets Authority.
Nevada Sues Kalshi Over Political Prediction Markets
Nevada files a lawsuit against Kalshi, alleging its political prediction markets violate state gambling laws, sparking a debate on regulation and innovation in financial betting.
Elevate Prize Winners Gain $300K and Storytelling Skills
Ten social impact leaders, including Monica Ramirez and Mara Fleishman, receive $300,000 in unrestricted funding and training to amplify their stories and expand their nonprofit work globally.
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US Prediction Markets Face Legal Storm Over Gambling Loophole
Prediction markets like Kalshi and Polymarket are embroiled in federal lawsuits as US states argue they evade gambling laws, with over $1bn traded on Super Bowl Sunday alone.
Ex-Carillion Boss Fined £237,700 for Misleading Investors
The Financial Conduct Authority has fined Richard Howson £237,700 for his role in misleading investors before Carillion's collapse, which caused widespread job losses and project delays.
Treasury Weighs Tobacco Excise Changes as Black Market Grows
The Australian Treasury is modelling the impact of cigarette prices on demand, with experts calling for a freeze on the contentious tobacco excise to curb the booming illicit trade.
UK BNPL Sector Faces Major Regulatory Overhaul
The Financial Conduct Authority introduces new rules for Buy Now Pay Later firms, requiring affordability checks and consumer protections for millions of UK shoppers.
Treasury Imposes New Rules on Building Societies
The Treasury is advancing new regulations for building societies like Nationwide, aiming to expand the mutuals sector. Key changes include revised funding limits and statutory instruments to be introduced before summer recess.
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Treasury Unveils Legal Changes for Nationwide and Building Societies
Treasury officials reveal new regulations for building societies, including Nationwide, with statutory instruments to be laid before summer recess. Chancellor's reforms aim to expand the mutuals sector.
Euro Car Parks Fined £473k in CMA's First Use of New Powers
The Competition and Markets Authority has issued its first penalty under 2024 fining powers, imposing a £473,000 fine on Euro Car Parks for failing to respond to information requests.
Car Park Firm Fined £473,000 for Ignoring CMA Letters and Emails
Euro Car Parks has been fined £473,000 by the Competition and Markets Authority for failing to respond to legally mandated information requests, marking the first use of new enforcement powers.
Tony Blair's Fossil Fuel Lobbying Sparks Energy Debate
Former Prime Minister Tony Blair faces criticism for lobbying on behalf of the fossil fuel industry, raising concerns about its impact on renewable energy policies and household bills.
Gail Slater Ousted from US Antitrust Role in Trump Era
Gail Slater was removed from her US antitrust position during the Trump administration, highlighting internal conflicts and political pressures in competition policy enforcement.
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Louis Vuitton Dutch Arm Pays €500k in Money Laundering Settlement
The Dutch branch of luxury brand Louis Vuitton has agreed to pay €500,000 in an out-of-court settlement after prosecutors linked it to a money laundering investigation involving a woman who spent over €2 million in criminal proceeds.
Estée Lauder Sues Walmart Over Counterfeit Products
Estée Lauder files a federal lawsuit accusing Walmart of selling counterfeit versions of its luxury skincare and fragrance products online, seeking damages and an injunction.
Oatly Loses Supreme Court Battle Over 'Milk' Trademark
The UK Supreme Court has unanimously ruled against Oatly's use of the 'Post Milk Generation' trademark for its plant-based products, siding with Dairy UK in a landmark legal dispute.
Court Bans Oat Drink Maker from Using 'Milk' Description
The UK Supreme Court has unanimously ruled against Oatly's use of the word 'milk' for its plant-based products, siding with the dairy industry in a major trademark dispute.
Oatly Banned from Using 'Milk' in UK Marketing by Supreme Court
The UK Supreme Court has ruled that Oatly cannot use the word 'milk' to market its plant-based products, ending a long legal battle with Dairy UK and setting a precedent for the alt-dairy sector.
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New BNPL Regulations Start July 2026 with FCA Oversight
The Financial Conduct Authority confirms new Buy Now Pay Later rules from 15 July 2026, introducing mandatory affordability checks and stronger consumer protections for services like Klarna and Clearpay.
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