Live Nation, Ticketmaster Found Illegal Monopoly by Jury
A federal jury has ruled Live Nation and Ticketmaster operate an illegal monopoly, following a trial featuring damning internal messages and intense scrutiny of their market dominance.
Category : Regulations
Broadband Compensation Increased Under New Ofcom Rules
Broadband and landline customers will receive higher automatic compensation for service outages, missed engineer appointments, and installation delays under updated Ofcom regulations.
Judge Extends Restraining Order on $6.2B Nexstar-Tegna Merger
A federal judge has extended an emergency restraining order on the $6.2 billion merger between Nexstar and Tegna for one week while considering a longer block. State attorneys general and DirecTV argue the deal would raise consumer prices and harm local j
Jury Deliberates in Live Nation Antitrust Case
A jury in Manhattan federal court has begun deliberations in a civil antitrust case where 34 states allege Live Nation Entertainment and Ticketmaster monopolise the live music industry, driving up prices for consumers.
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Justice Department Opens Antitrust Investigation into NFL
The US Justice Department has initiated a major investigation into the NFL over concerns of anticompetitive practices in its TV deals, which critics argue force fans to pay high subscription fees to watch games.
Labor's Gambling Ad Ban to Cut Wagering by 0.8%
Government analysis reveals Labor's plan to restrict gambling ads is projected to reduce wagering by just 0.8%, sparking debate over its effectiveness.
Court: CFTC Has Exclusive Jurisdiction Over Kalshi Sports Markets
A federal appeals court ruled that New Jersey cannot regulate Kalshi's sports prediction markets, stating the Commodity Futures Trading Commission has exclusive jurisdiction over such contracts.
UK Firms Risk Losing B Corp Status After Standards Overhaul
Dozens of UK companies may lose their B Corp ethical certification following a major standards overhaul by B Lab, introducing stricter, non-negotiable criteria across seven categories.
US Sues Illinois Over Prediction Market Regulation
The US government has filed a lawsuit against Illinois to halt state efforts to regulate prediction markets like Kalshi and Polymarket, citing federal authority under the CFTC.
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Kentucky Law Shields Bayer from Roundup Cancer Lawsuits
Kentucky lawmakers override governor's veto to pass law protecting Bayer from state lawsuits alleging Roundup weedkiller causes cancer, as Supreme Court prepares to hear pivotal case.
Thames Water Close to Deal Suspending Ofwat Fines Until 2030
Thames Water is reportedly nearing a deal with regulator Ofwat to avoid new fines for four years, contingent on investment commitments, as creditors aim to prevent temporary renationalisation.
Government Crackdown on Subscription Traps to Save Millions
New regulations will require companies to send reminders before trials end and contracts renew, with a 14-day cooling-off period, aiming to save consumers £400 million annually.
New Subscription Rules to Save Consumers £400 Million
The UK government announces new consumer protection rules targeting subscription traps, requiring easier online cancellations and reminders before auto-renewals.
UK Government Crackdown on Subscription Traps Begins
New regulations will force firms to send reminders before trial periods end and make cancellations easier, saving consumers an estimated £400 million annually.
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Microsoft Faces UK Competition Probe Over Business Software
The UK's Competition and Markets Authority launches a strategic market status investigation into Microsoft's business software ecosystem, including Word, Excel, and Teams, to assess licensing practices and cloud competition concerns.
Car Finance Scandal: FCA Sets £7.5bn Payout Scheme
The Financial Conduct Authority finalises a redress scheme for car finance victims, offering average payouts of £830 but reducing eligible loans from 14m to 12.1m contracts.
Australia Bans Card Surcharges from October
The Reserve Bank of Australia has announced a ban on credit and debit card surcharges starting in October, aiming to simplify payments for consumers and businesses.
FCA Car Finance Scheme Excludes Two Million Drivers
The FCA has approved a £7.5 billion compensation scheme for unfair motor finance deals, offering average payouts of £829, but two million fewer drivers will qualify than initially proposed.
Car Finance Compensation: How Redress Works and Eligibility
The Financial Conduct Authority finalises a compensation scheme for 14 million mis-sold car loans, with payouts averaging £700. Learn how the process works and who is eligible.
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FCA to Release Final £700 Car Finance Compensation Plan Monday
Millions of drivers mis-sold car loans will learn final compensation details on Monday, with average payouts of £700. The FCA's definitive scheme covers deals from 2007 to 2024.
Just Eat and Autotrader Under CMA Investigation for Reviews
The Competition and Markets Authority has launched investigations into five UK firms, including Just Eat and Autotrader, over potential breaches of consumer laws regarding fake and misleading online reviews.
Just Eat and Autotrader Among Firms in CMA Review Probe
The Competition and Markets Authority has launched investigations into five companies, including Just Eat and Autotrader, over potential breaches of consumer laws regarding fake and misleading online reviews.
CMA Investigates Autotrader, Just Eat for Fake Review Failings
The Competition and Markets Authority has launched investigations into five firms, including Autotrader and Just Eat, over concerns they failed to tackle fake and misleading online reviews, threatening consumer trust.
JustEat and Autotrader in CMA Fake Reviews Investigation
The Competition and Markets Authority is investigating five companies, including JustEat and Autotrader, for potential fake and misleading reviews under consumer law.
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Just Eat, Autotrader Among Five Firms in CMA Online Reviews Probe
The Competition and Markets Authority has launched investigations into Just Eat, Autotrader, Dignity, Feefo, and Pasta Evangelists over potential breaches of consumer laws regarding fake and misleading online reviews.
CMA Crackdown on Fake Reviews Targets Autotrader and Just Eat
The Competition and Markets Authority has initiated a sweeping investigation into fake reviews on platforms like Autotrader and Just Eat, aiming to protect consumers from misleading online content.
Guardian Corrects Oxford Street Photo in Consumer Confidence Article
The Guardian has issued a correction for a photograph used in a business story about UK consumer confidence, clarifying it depicted an artificial street scene on Oxford Street.
Ticketmaster's Sneaky Fee Workaround After US Ban
Ticketmaster reportedly raised other fees to offset revenue lost from banned 'junk fees,' potentially violating FTC rules. This comes as parent company Live Nation faces an antitrust trial.
Pension Schemes Bill Clears House of Lords Third Reading
The Pension Schemes Bill has passed its third reading in the House of Lords, moving closer to law. It aims to improve defined contribution pensions with better information and returns, but faces controversy over mandatory investment powers.
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Insider Trading Fears Over $1M Iran War Bets and Market Moves
Concerns about insider trading have intensified after a trader made nearly $1 million with highly accurate bets on Iran conflict events, alongside unexplained market activity minutes before Trump's diplomatic announcement.
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