First published by Matt on December 15, 2020 in the following categories: Advertising Consumer Law Industry Investigations Latest Pricing Selling Restrictions and tagged with advertising | cma | competition law | consumer law | investigations | musical instruments | pricing
On 17 April 2018, the Competition Markets Authority (CMA) began a formal investigation into suspected anti-competitive practices in the musical instrument industry.
The CMA reportedly had reasonable grounds to suspect Yamaha of a competition law infringement. Yamaha was thought to be involved in anti-competitive practices and/or concerted agreements with at least one UK seller.
Given the value of this growing market sector, this is an important investigation for the CMA to have undertaken.
First published by Matt on November 04, 2020 in the following categories: Consumer Law Industry Investigations Latest Pricing and tagged with cma | competition law | consumer law | investigations | pricing
The Competition and Markets Authority (CMA) has launched a review of the implementation and impact of the recommendations of its 2016 market study into the legal services market in England and Wales.
The Competition and Markets Authority (CMA) has launched an investigation into the supply of lithium-based medication, used to treat bipolar disorder.
The CMA has announced the investigation will look into prominent pharmaceutical company, Essential Pharma. They are suspected to have abused an alleged dominant position as a medication supplier by proposing to withdraw the supply of lithium-based medication to UK patients.
First published by Matt on May 06, 2020 in the following categories: Consumer Law Industry Investigations Latest Pricing and tagged with cma | competition law | consumer law | investigations | pricing | utilities
The Ofwat price determinations case follows a referral by four major water companies in the UK in relation to price controls that are set to go into effect for the next five years.
Price controls for the water market are put in place for the protection of the consumer. They can ensure that water is affordable and available to all, but the controls must account for the fact that private companies are providing water services and competing in the market.
If new price controls are rejected by any of the UK water companies, the matter can be referred to the Competition and Markets Authority (CMA). The CMA can make its own separate determination as a regulator with similar duties to Ofwat.
Last April, the Competition and Markets Authority (CMA) initiated an investigation into roll-over contracts for online gaming.
The online gaming sector has grown exponentially in recent years, with at least one console a staple in most modern houses these days, I would assume. The monetisation of online gaming has led to more purchase options for the consumer, so the costs of being involved in online gaming is something that should be carefully considered.
In the same way that the CMA has been looking into contract factors for things like broadband and telecommunications, they’re also keen to know if the online gaming sector is being fair. As this is just the initial investigation stage, no assumptions are being made as to whether important laws are being broken or not.
The funeral directors market investigation that’s being conducted by the CMA (Competition and Markets Authority) remains ongoing.
In terms of the latest happenings and goings on, here’s a brief update based on information from the CMA about the progress of their important work in this sector.
It goes without saying that this is another important investigation for the competition regulator. People are in obvious need of funeral and crematorium services, and the need for such services will likely increase with population growth.
The musical instruments and equipment investigation is a matter that’s currently being conducted by the Competition and Markets Authority (CMA).
The market for musical equipment and instruments has grown exponentially in recent decades. There’s now far greater access to instruments at more affordable prices, and the materials available online for people to learn to play are vast. So many youngsters want to be in bands, and it’s great that there’s such an appetite for musical creativity.
But the CMA has been looking into another side of the sector, and it’s one where foul play is being suspected.
First published by Matt on December 04, 2019 in the following categories: Healthcare Investigations Price Hikes and tagged with cma | competition law | drugs | investigations | Pharmaceuticals | pricing
The UK’s competition regulator has made a provisional finding in the longstanding investigation into drug price hikes, and the outcome is damning.
Issues surrounding pharmaceutical competition breaches are numerous and serious. At the end of the day, the consumer in these cases is patients and the NHS; that’s our tax money.
Any infringement of vital competition laws when it comes to medical matters should always lead to significant punishments, and the work of the CMA (Competition and Markets Authority) in this area is incredibly important. The provisional finding in this matter accompanies an admission from one of the companies involved as well.
The investigation started by the CMA (Competition and Markets Authority) earlier this year into the supply of construction services is now set to proceed.
The decision looks to have been made after an initial information gathering exercise that has been carried out since March this year.
Given the scale of this industry, it’s another important when it comes to ensuring that there’s healthy competition in place that allows consumers to pay fair prices. Not only is competition important for keeping prices down, but it also allows players in the market to innovate in terms of efficiency and lowering costs for both products and services alike.
This can all benefit the consumer.
Here’s the latest in the ongoing funerals market investigation that’s being conducted by the Competition and Markets Authority (CMA).
The market study was launched last year in June 2018. Research was commissioned to better understand the experiences and decision-making processes of people who had engaged the services of a funeral director. A number of businesses in the market responded after the launch of the market study and made comments in relation to the information gathering exercise that the CMA is undertaking.
With this being a market that will (likely) always be there, it’s an important one when it comes to making sure that competition is healthy in the sector.