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Water customers to save £34 a year

Holly Williams
17 March 2021, 9:43 am
Millions of customers will see their annual water bills drop by £34 after the competition watchdog rowed back on how much it will allow investors in suppliers to make in returns.
The Competition and Markets Authority (CMA) announced its final decision on price controls for Anglian, Bristol, Northumbrian and Yorkshire water firms after a tense dispute between the companies and the regulator.
The CMA had been under fire from consumer groups last autumn for over-ruling the water regulator Ofwat, saying it had been too strict on how much water companies could invest in resilience and reducing water leaks, and instead deciding to put more money in the pockets of shareholders. ....

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Apple Probed by U.K. as App Store Payments Scrutiny Mounts

(Bloomberg) U.K. antitrust authorities opened a probe into Apple Inc’s app payment rules, adding to a slew of global probes examining the control the iPhone maker holds over app developers.The Competition and Markets Authority said it will focus on how Apple forces customers to use its own payment system for in-app purchases and will weigh the company’s potentially “dominant” position in the supply of apps on iPhones and iPads.“Complaints that Apple is using its market position to set terms which are unfair or may restrict competition and choice -– potentially causing customers to lose out when buying and using apps -– warrant careful scrutiny,” said Andrea Coscelli, who leads the CMA.The probe adds to growing U.S. and EU antitrust scrutiny of Apple’s rules that require apps to use its own in-app payment system. The EU is readying an escalation of its case, people with knowledge of the probe said on Thursday. Apple’ ....

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UK competition watchdog investigates Google's browser change proposals

UK competition watchdog investigates Google's browser change proposals
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