• The CMA has published its provisional findings and possible remedies in relation its retail banking market investigation. The CMA provisionally considers that there are a number of competition problems in both the personal current account and small and medium-sized enterprise banking markets. These include low levels of customer switching, which the CMA considers mean that banks are not put under enough competitive pressure, and new products and new banks do not attract customers quickly enough. The CMA is considering a series of possible behavioural remedies designed to assist account-holders in searching for and switching accounts. Click here.
  • The CMA has published for consultation a supplemental notice of possible remedies as part of its energy market investigation. The proposed remedies relate to the phasing out of evergreen contracts. Click here.
  • The CMA is to review the undertakings relating to the operation of the Rough gas storage facility. The undertakings were given by Centrica Storage Ltd and Centrica plc following Centrica plc’s acquisition in 2002 of the Rough gas storage facility. Click here.
  • The CMA is to review undertakings affecting FirstGroup plc’s bus business in central and southern Scotland. The undertakings were given by FirstGroup plc following its acquisition in 2002 of SB Holdings. Click here.