The UK government has prepared a non-binding ministerial statement of strategic priorities for the Competition and Markets Authority outlining the government’s aims for the CMA. The so-called “steer” provides a statement of how the government sees competition fitting with its wider objectives for the economy. The steer is currently up for consultation.
Posts tagged ‘UK’
Update: UK
UK CMA Chief Executive, Alex Chisholm recently gave a speech titled “CMA: how we intend to use market investigations to extend the frontiers of competition.”
Merger update
Overnight, our UK colleagues’ participation in the ICN has become more focused and efficient – the UK OFT and UK CC have merged and we welcome the UK Competition and Markets Authority as an ICN member. Thank you to the OFT and CC for their many valuable contributions to the ICN over the years, and […]
Leniency: UK
The OFT has published revised leniency guidance aimed at providing a clear and practical framework for leniency applications, including a policy of not requiring legal professional privilege waivers as a condition of leniency. The new guidance is accompanied by two ‘Quick Guides’, one aimed at businesses and one aimed at individuals.