Tag: UK
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...
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...
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...
UK Regulator Probes NortonLifeLock $8.6B Cyber Security Deal
Britain’s competition regulator has launched an investigation into whether a takeover by cybersecurity firm NortonLifeLock of London-listed rival Avast will reduce choice for customers...
UK Regulator Probes Index Providers Over Antitrust Breaches
The UK's Financial Conduct Authority (FCA) is looking into potential breaches of competition law after a consultation revealed that benchmark index prices have been...
UK’s Antitrust Watchdog To Probe Fashion Industry
The Competition and Markets Authority (CMA) has launched an official probe into sustainability claims made by the fashion industry amid rising concern the sector...
UK Suit Claims Facebook Exploited Personal User Data
Facebook, now known as Meta, faces a fine of over $3.2 billion over allegations that it exploited data and abused its market dominance, Reuters...
UK Scrutinizes Visa & Mastercard Fee Increases
British lawmakers plan to scrutinize increases in the fees Visa and Mastercard's charge businesses after the country's payments regulator found no evidence to justify...
UK Watchdog Drops IAG-Air Europa Probe
UK competition regulators have dropped their probe into the IAG-Air Europa merger, after the two sides terminated the tie-up in the form originally envisioned.
IAG...
UK’s Financial Regulator Will Now Look At Data Markets
The UK Financial Conduct Authority (FCA) announced on Tuesday, January 11, that it will launch two market studies to investigate the competitive conditions to...