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Time-limited powers to combat price gouging may be given to UK’s CMA

By Jon Menon ( March 24, 2026, 14:13 GMT | Insight) -- New time-limited powers to combat price gouging may be granted to the UK antitrust regulator following concerns that some companies could exploit the conflict in the Middle East to boost their profits. The Competition and Markets Authority has already started a fast-track probe into the retail heating oil market and has vowed to keep a close eye on prices for fuel at the pump, fertilizer, groceries and travel in its efforts to curtail potential profiteering.New powers to combat price gouging may be granted to the UK antitrust regulator following concerns that some companies could exploit the conflict in the Middle East to boost their profits....

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