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Supermarket petrol prices amid positive development for motorists
Competition and Markets Authority (CMA) will become responsible for closely monitoring road fuel prices across the country. Fuel retailers will be forced to share how much they are charging customers on their forecourts versus their profits. Those that fail to comply could face a fixed fine of up to 1 per cent of their worldwide turnover.
Fuel prices fall after petrol stations given 'good prod' by regulator Competition and Markets Authority (CMA) report on 8 November accused retailers of failing to pass wholesale cost savings on to customers. It took 31 days for prices to decrease by 3.5p per litre from October 8. But in just 14 days after the CMA issued its report, prices reduced by3.75p. RAC says motorists are still "losing out massively at the pumps"
Sharp cut in fuel prices after retailers given `good... Average petrol prices dropped twice as fast following a Competition and Markets Authority (CMA) report accusing retailers of not reflecting a decline in wholesale costs. It took 31 days for prices to decrease by 3.5p per litre from October 8. In just 14 days after the CMA issued its report on November 8, prices reduced by3.75p.
Sharp cut in fuel prices after retailers given ‘good prod’ by regulator, AA says Average petrol prices dropped twice as fast following a Competition and Markets Authority (CMA) report accusing retailers of not reflecting a decline in wholesale costs. It took 31 days for prices to decrease by 3.5p per litre from October 8. In just 14 days after the CMA issued its report on November 8, prices reduced by3.75p.
Brum's cheapest petrol stations as UK watchdog 'granted tough powers' The Competition and Markets Authority (CMA) will become responsible for closely monitoring road fuel prices across the country. It will also report any sign of malpractice to the government. Fuel retailers, including supermarkets, will be forced to share how much they are charging customers on their forecourts versus their profits.
Brum's cheapest fuel as government takes action against 'unfair' prices The Competition and Markets Authority (CMA) will become the body responsible for closely monitoring road fuel prices. The move aims to help improve competition in the market, making sure customers across the country are given a fair choice of prices. Fuel retailers, including supermarkets, will be forced to share how much they are charging customers on their forecourts versus their profits.
Fuel retailers face fines if they do not `come clean´... Fuel retailers will be required to ‘come clean on how much they are charging customers on their forecourts versus their profits’ Those that fail to comply could face a fixed fine from the CMA of up to 1% of their worldwide turnover.
Fuel retailers warned they could face fines over petrol and diesel pricing Fuel sellers will have to show how much they're charging customers at the pump compared to their profits. If they don't, they could get a fine from the CMA of up to 1% of their worldwide turnover. The move is aimed at improving competition in the market.
Businesses Are Struggling To Find The Right Balance On Sustainability Reporting In the UK, the Competition and Markets Authority (CMA) is investigating how companies are marketing some products and services as being ‘eco friendly’ The CMA is focusing on whether such claims are supported by evidence and whether consumers are being misled by an absence of information.
The taking of Kidal: Why the town in north Mali is so... Kidal has been the hotbed of successive independence uprisings since Mali gained independence from France in 1960. It had been under the control of the Coordination of Azawad Movements (CMA) -- an alliance of predominantly Tuareg groups seeking autonomy or independence -- since 2013.
Fuel prices: Regulator expresses 'concern about the intensity of competition' The Competition and Markets Authority (CMA) said it was yet to receive crucial data on fuel margins covering September and October. It said that while margins had come down between June and August, other data made for worrying reading.
UK antitrust regulator to take on Big Tech with new... Britain's antitrust regulator will gain legal powers to tailor rules for big tech companies. The Competition and Markets Authority (CMA) set up a dedicated Digital Markets Unit.
Pro-Palestine Rally The U.K.'s Competition and Markets Authority (CMA) has accepted proposals from Facebook's parent Meta and Amazon. The CMA has been probing both companies as part of separate investigations. The crux of the case against Meta centered on how it was using advertising data funneled from Facebook.
UK secures commitments from Amazon and Meta over retail... Britain's competition watchdog said on Friday it had accepted commitments from tech companies Meta and Amazon. The commitments mark the end of the Competition & Markets Authority's (CMA) investigation into Amazon Marketplace and Meta's use of advertising data.
Join the CMA in Manchester and be at the forefront of shaping digital markets Digital Markets Unit (DMU) has recently opened a new office in Manchester. Part of the Competition and Markets Authority (CMA), the DMU has been set up to promote competition and tackle unfair behaviour by the big tech firms.
Microsoft Activision deal – what it means for players Microsoft Activision deal – what it means for players now that Xbox owns Activision Blizzard. A brief look at the main ways the CMA's recent approval of the Activision Blizzard deal may affect players.
Comerica Inc (CMA) Reports Q3 2023 Earnings: Net Income of $251 Million, $1.84 Per Share Comerica Inc (NYSE:CMA) released its Q3 2023 earnings on October 20, 2023, reporting a net income of $251 million, or $1.84 per share. The company's CET1 ratio increased to 10.79%, surpassing its 10% target.
Xbox Game Pass won't be getting Activision Blizzard games anytime soon Xbox boss Phil Spencer has confirmed that Activision Blizzard titles won't be appearing on Xbox Game Pass for a while yet. Spencer claims that this is mainly down to uncertainty of the deal going through in the first place. With Bethesda, the companies could pre-plan a drop, but as even Spencer was unsure if the Microsoft Activision deal would go through until the CMA reversed their decision, these plans haven't been put in place.
Competition regulator orders rethink on Heathrow charges In February, aviation regulator the Civil Aviation Authority (CAA) said the cap on Heathrow’s average charge per passenger must be reduced from £31.57 for 2023 to £25.43 over the next three years. But the airport and three airlines – British Airways, Delta Air Lines and Virgin Atlantic – appealed against the CAA's decision. The CMA said it “broadly found in favour of the C AA” but there are three aspects of its pricing decision that must be reconsidered.
Competition watchdog launches investigation into boiler... Competition watchdog launches investigation into boiler company over `green´ claims. CMA is investigating more widely into the green heating and insulation sector.
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