Tag: cma

Antivirus software competition investigation

First published by Author on April 18, 2019 in the following categories: Industry Investigations and tagged with cma | competition law | investigations

An antivirus software competition investigation has been launched by the CMA (Competition and Markets Authority) in the last few months.

What’s interesting about this case is that it was launched as part of the wider reviews following the loyalty penalty super complaint initiated by Citizens Advice. The loyalty penalty super complaint could trigger a number of reviews across a wide range of market sectors.

If it’s all in the name of improving competition and enforcing compliance of the vital regulations that we have in place to protect consumers, we’re all for it.

Further action set for the CMA’s secondary ticketing and Viagogo case?

First published by Author on April 10, 2019 in the following categories: Investigations Latest and tagged with advertising | cma | competition law | investigations

There’s more news in the Competition and Market Authority’s (CMA) secondary ticketing and Viagogo case. And it could be huge.

You may recall that we’ve been tracking this case for a while now. At the start of 2019, a Viagogo, StubHub and Ticketmaster were all required to undertake serious changes to their business behaviour. This came in to effect as of midnight on 17^th January 2019.

However, the CMA conducted some simple checks on 24^th January 2019. They say that they found that Viagogo had failed to comply with the court order against them. Now, Viagogo is potentially facing further legal action for contempt of court.

£7m in fines issued in office fit-out competition case

cma roofing materials sector investigations

A huge £7m in total fines has been issued after five companies have admitted to breaches in the office fit-out competition case.

The Competition and Markets Authority (CMA) has been investigating the design, construction and fit-out services market since 2017. In July 2018, they decided to continue their probes, and in March this year, fines have been issued and agreed.

The five companies that have admitted to breaches and will be fined are Coriolis, Fourfront, Loop, Oakley and ThirdWay.

Provisional finding in hydrocortisone competition case

There’s been a provisional finding by the Competition and Markets Authority (CMA) in the important hydrocortisone competition case, with a Statement of Objections issued.

In the coming weeks, the CMA expect written and oral representations to be made following the Statement of Objections that’s been issued.

The provisional findings of the CMA are incredibly worrying. It all comes down whether the two companies at the heart of the investigation colluded in order to charge higher prices and make bigger profits; all at the expense of our NHS, and our hard-earned tax money.

Court upholds ruling in galvanised steel tanks cartel investigations

First published by Author on March 21, 2019 in the following categories: Cartels Investigations Price Fixing Pricing and tagged with cartels | cma | competition law | price fixing | pricing

The Court of Appeal has upheld a previous ruling obtained by the Competition and Markets Authority (CMA) that’s related to the galvanised steel tanks cartel case.

Supplier Balmoral Tanks were fined £130,000.00 for exchanging competitively-sensitive information with competitors, despite refusing to engage in the main cartel they’d been invited to join. They’d tried to have the ruling overturned in 2017, which failed, and we’re glad to see the Court of Appeal has upheld the initial rulings.

The galvanised steel tanks cartel case has been a huge, long-running investigation involving the CMA. Although Balmoral were not a part of the main cartel, they still infringed vital competition law.

Latest in the statutory audit market study

First published by Author on March 14, 2019 in the following categories: Incentives Industry Investigations Latest and tagged with cma | competition law | investigations

The statutory audit market study was launched in October 2018, and we’re set to know more about the outcomes toward the end of this year.

This is a key market sector where the CMA (Competition and Markets Authority) has raised a number of concerns that they’re looking into. Despite previous improvements in the sector that appear to have strengthened competition, Deloitte, E&Y, KPMG and PwC reportedly remain the “go-to” auditors for the majority of large companies.

There’s also a concern as to whether there’s a lack of incentive to produce challenging reviews in terms of the performance of the companies as well.

Online hotel booking investigation update

Here’s the latest in the Competition and Markets Authority (CMA) online hotel booking investigation that has been focused on consumer law compliance.

The initial investigation was launched back in October 2017, with enforcement action taken in June 2018. It’s an important one given the breadth of the online hotel booking market, and how confusing it can be. Competition in this key sector should always be healthy, and any infringements of the law cannot go unpunished.

We’re pleased to see that the latest developments in the online hotel booking investigation has seen undertakings agreed by numerous parties involved.

Brief update in the hypothyroidism tablets competition case

A brief update has been issued in the hypothyroidism tablets competition case surrounding alleged overcharging of liothyronine medication.

The liothyronine tablets are used to treat people lacking in thyroid hormones, which can lead to tiredness, slow metabolism, depression and other ailments. The CMA (Competition and Markets Authority) spent a great deal of time in 2017 gathering evidence for the case. In November 2017, a statement of objections was formally issued.

Last month, an updated statement of objections was issued by the CMA in this incredibly important investigation.

Deadline set for the investigation into funeral costs

First published by Author on February 21, 2019 in the following categories: Investigations Latest and tagged with cma | funerals market | investigations | market study

The deadline has been set for the investigation into funeral costs that appear to have soared in recent years.

We should know by May 2019 whether any further action is to be taken. This could be a formal investigation into whether breaches of consumer law is taking place, or additional studies of the market and its workings.

To point out the obvious, we’re all going to die at some point. Given that dying comes with costs, this is an important sector when it comes to healthy competition and consumer protection. That’s not just because the industry is worth billions, or the fact that it’s usually a sad time for many, but also because there’s always going to be a market for it (we assume!).

CMA initiates court action against Care UK

First published by Author on February 14, 2019 in the following categories: Care Homes Compensation Claims Investigations and tagged with care home | cma | pricing

There’s been a huge development in the care homes consumer protection case. The Competition and Markets Authority (CMA) has initiated court action against Care UK.

We recently blogged about the developments in the care homes consumer protection case where pre-action letters had been sent. Now, they have proceeded with court action against Care UK.

The reason for the court action is because the CMA isn’t satisfied with the response from care UK following the investigations. Although they’ve stopped charging administration fees that the CMA had deemed to be breaking consumer protection laws, they haven’t agreed to refunds. The CMA has taken issue with their stance.