Mercedes-Benz and three commercial vehicle dealers are to pay fines totalling £2.6m (€2.98m) following an inquiry into market rigging.

Part-nationalised Royal Bank of Scotland was today fined £28.6m (€31.8m) for breaking competition law after revealing details of its loan prices to rival Barclays.

A controversial mega-merger between the world’s largest concert promoter Live Nation and ticket-selling giant Ticketmaster faces a probe by UK competition watchdogs, it was revealed today.