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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...
NortonLifeLock

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...
FCA

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...
CMA

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...
Facebook

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...
Visa, Mastercard

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...
Merger

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...
Data Markets

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...
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