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CMA clamp down on car hire websites over “hidden” costs
The Competition and Markets Authority (CMA) have clamped down on car hire websites over “hidden” costs, resulting in changes as to how quotes are to be presented, and ensuring more information is provided as to what additional costs could be incurred.
The investigation has seen online travel agent P&P Associates Ltd, as well as price comparison website companies Affordable Car Hire Ltd and Flexiblecarhire.com Ltd, commit to ensuring all compulsory charges are contained within quotes.
Now, things like fuel surcharges, additional fees for young drivers and out-of-hours pick up charges must be included in the initial quotes.
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UK pharmaceutical companies paying millions of pounds to healthcare professionals
According to a report from The Times newspaper, UK pharmaceutical companies are reportedly paying millions of pounds to healthcare professionals and other organisations.
American pharmaceutical companies have previously come under fire for reportedly paying healthcare professionals to push their products, and it now appears the UK may have the same problem.
According to The Times, two of the biggest pharmaceutical players in the UK have been making “secret payments” of almost £20 million to reportedly “plug” their products.
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Customers being duped into bogus holiday discounts and deals
According to investigations by consumer group Which?, who have asked Trading Standards to investigate travel firms, consumers are potentially being duped into purchasing holiday deals in bogus sales and discount schemes.
Promotions were reportedly tracked, and it was found that some discounts and deals were available for the same price or less after a time-limited “sale” had ended.
Some travel firms are being accused of offering misleading discounts to dupe holidaymakers into paying hundreds of pounds more than necessary off the back of bogus deals.
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CMA investigate the design, construction and fit-out services industry
At the end of last year, six months on from initial investigations and information gathering, the Competition and Markets Authority (CMA) decided to open investigations in to the ‘design, construction and fit-out services’ sector over suspicions of competition act breaches.
No conclusions have yet to emerge, and the investigations remain ongoing. However, this sector has had its fair share of investigations and breaches in the past, so we wouldn’t be at all surprised if the investigation concludes that the law has been broken in some way.
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The Competition and Markets Authority (CMA) has hit Ping Europe Limited (Ping) with a fine of £1.45m for refusing to allow their golf clubs to be sold online.
They have also been forced to repeal their online sales ban immediately.
The CMA ultimately found that Ping’s online sales ban was a restriction that could adversely affect competition in the market by closing one of the most important distribution channels available to the retailers involved; i.e. the world wide web.
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Competition and Markets Authority (CMA) decision was published about Micronclean Limited and Berendsen Cleanroom Services Limited who were found to have allocated territories and customers plus both companies had agreed not to compete with each other’s relevant allocations.
This is a very serious breach of competition laws – the market is essentially rigged in their favour by sharing the market and agreeing not to compete. This can lead to inflated prices, a lack of innovation and little choice for consumers in the market. This behaviour favours the companies financially, and not the consumer; totally against the principles of fair competition.
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A look back at the 2014 supply of medicines to care homes case
The Competition and Markets Authority (CMA) are currently embroiled in a lot of investigations over the pricing of medicines, and it’s been something of a hot topic for quite some time. In 2014, two pharmaceutical companies were fined for breaching competition laws by entering into a cartel to reduce the competition of supplying medicines to care homes.
Lloyds’ Pharmacy and Tomms Pharmacy were the two companies involved in the cartel between May and November 2011, and they were justifiably investigated and fined as a result of their activities.
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CMA issues furniture parts suppliers with fines totalling almost £3 million
The household goods, furniture and furnishings sector may be one of the last sectors anyone would consider to be involved in illegal cartels; but several suppliers of furniture parts were found to have breached competition laws by engaging in anti-competitive behaviour.
For this, the parties were fined a total of £2,818,000.
Our Competition Act prohibits behaviour that restricts competition in any market. Such behaviour can hinder healthy competition and distort product pricing as well as innovation. These can be very bad for the consumer.
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Nurofen’s producer fined £3.6 million for their misleading marketing
Nurofen’s British producer, Reckitt Benckiser, has been fined 3.6 million pounds after it was found that they had misled customers with Nurofen Specific Pain products.
In December 2015, courts found the pharmaceutical manufacturer to be involved in “misleading conduct” by representing that Nurofen Specific Pain products targeted a specific area.
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U.S. poultry producers subject to multiple lawsuits for alleged anti-competitive behaviour
Tyson Foods are subject to anti-competitive lawsuits for alleged poultry price-fixing and collusion in America.
Being the world’s second largest processor of poultry, competition regulation is especially necessary to ensure they’re not making a monopoly and adversely affecting the markets.
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