Introducing the Competition and Markets Authority
Broadly speaking, the competition regime will continue as before with the same basic rules (save in respect of the cartel offence, which is discussed below) and with a two-stage process of merger and market investigations. However, the opportunity has been taken to reinforce the Competition and Markets Authority’s (CMA’s) powers.
Certain changes introduced on 1 April 2014 will enhance the CMA’s investigatory powers and are designed to improve the effectiveness of the UK competition regime overall…
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