Competition & Markets Authority: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(NEW ENTRY - New organisation from 1 April 2014 - https://www.gov.uk/government/organisations/competition-and-markets-authority/about)
 
(Add link.)
 
(7 intermediate revisions by one other user not shown)
Line 1: Line 1:
(CMA.)
(CMA).


A UK government department responsible for promoting competition, within and outside the UK, for the benefit of consumers.
The UK government department responsible for promoting competition, within and outside the UK, for the benefit of consumers.


The CMA  
The CMA:
# inquires into mergers, markets, trade practices and the regulation of the major regulated industries under competition law.
*Inquires into mergers, markets, trade practices and the regulation of the major regulated industries under competition law; and
# enforces consumer protection legislation to tackle practices and market conditions that restrict consumers choice.
*Enforces consumer protection legislation to tackle practices and market conditions that restrict consumers' choice.


Formed by the merger of the Competition Commission with certain responsibilities of the Office of Fair Trading.
 
The CMA was formed by the merger of the Competition Commission with certain responsibilities of the Office of Fair Trading.




==See also==
==See also==
* [[Antitrust law]]
* [[Challenger bank]]
* [[Competition]]
* [[Federal Trade Commission]]
* [[Financial Conduct Authority]]  (FCA)
* [[Joint Regulatory Oversight Committee]]  (JROC)
* [[Merger]]
* [[Merger]]
* [[Competition]]
* [[Prudential Regulation Authority]]  (PRA)
* [[Regulation]]
* [[Supervision]]
 
[[Category:Compliance_and_audit]]

Latest revision as of 12:50, 20 January 2024

(CMA).

The UK government department responsible for promoting competition, within and outside the UK, for the benefit of consumers.

The CMA:

  • Inquires into mergers, markets, trade practices and the regulation of the major regulated industries under competition law; and
  • Enforces consumer protection legislation to tackle practices and market conditions that restrict consumers' choice.


The CMA was formed by the merger of the Competition Commission with certain responsibilities of the Office of Fair Trading.


See also