UK Competition and Markets Authority

Rule Changes

Probed family-seating fees in 2026

The UK government announced on 2 October 2026 that airlines must seat children under 14 with a parent free of charge and stop charging for simple name corrections. The rules are not yet in force. They depend on the Civil Aviation Bill, which begins committee stage on 20 October 2026.

Updated 2 days ago

Money Moves

Deal cleared by regulators in 68 jurisdictions worldwide, including the UK, clearing the way for the October 6 close.

On October 6, Paramount Skydance completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company named Skydance and ending a 13-month bidding war that survived federal and state antitrust challenges. The deal closed after a federal judge approved a settlement with 12 states on September 30, and shares of Skydance began trading on the NYSE under the ticker SKYD.

Updated 4 days ago

Money Moves

Conducting Phase 2 antitrust review

Getty Images and Shutterstock announced a $3.7 billion merger on January 7, 2025. The two largest stock photo companies will control roughly 75% of the global market. Getty shareholders get 54.7% of the combined company, Shutterstock gets 45.3%.

Updated May 19