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Amazon and Google are to be investigated by the competition watchdog over concerns that they have not been doing enough to combat the problem of widespread fake reviews on their websites. The Competition and Markets Authority (CMA) will look into the issue to determine whether the two online behemoths have …
Read More »UK competitions watchdog CMA to probe Hasbro’s $4bn takeover of eOne
Hasbro’s $4bn takeover of Entertainment One is to face probing from the Competition and Markets Authority over whether the proposed acquisition would result in a ‘substantial lessening of competition’ under UK rules. It appeared that the bid was a done deal in all but its name when eOne and Hasbro …
Read More »Sainsbury’s and Asda merger blocked by CMA
The Competition and Markets Authority, the UK’s competition watchdog, has blocked Sainsbury’s and Asda’s £10bn merger. The body blocked the move by the UK grocery giants after finding that it would lead to increased prices in stores, online and across petrol stations. The CMA said that it believed shoppers would …
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