News about CMA: events, facts and developments on tafs uz.
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The UK Competition and Markets Authority is examining whether Meta's new terms are 'exploitative' and breach competition law. The investigation coincides with court rulings in Norway and France and the blocking of AI bots by hundreds of news sites.
Aziz KarimovThe UAE Securities and Commodities Authority (CMA) reported an examination of AIX Financial Consultations' activities following information about delayed or missed payments to investors. The DIFC Courts are hearing a claim against the affiliated company AIX Secure SPV Ltd for a total of about $10 million, according to the Financial Times. The company says only a portion of its products is affected and promises a restructuring.
Javlon TursunovUK Culture Secretary Lisa Nandy said the deal to sell Telegraph Media Group to the German media group Axel Springer will not be referred for an in-depth investigation by the Competition and Markets Authority (CMA). The public interest intervention notice issued in January 2024 has lapsed. The Telegraph has been under external management since 2023 following debts incurred by the Barclay family; earlier, the RedBird IMI consortium, backed by the UAE, tried to complete the deal, but after a ban on foreign state ownership was introduced it abandoned the purchase and passed the rights to Axel Springer.
Aziz Karimov
