For any urgent out of hours media questions, contact the out of hours mobile. 1.2. CMA coronavirus (COVID-19) response Information about how the Competition and Markets Authority is responding to the ongoing coronavirus (COVID-19) outbreak. It encourages informal briefings from companies so it can advise whether a merger will come under further scrutiny.
We’ll send you a link to a feedback form. See Press Release, “3 The fast track procedure allows the CMA to accelerate the referral of merger cases to Phase 2 when requested by the merging companies and where the CMA has sufficient evidence that the test for Phase 2 reference is met.4 On 6 December 2017, the head of the CMA, Andrea Coscelli, announced that the CMA would be appointing a chief data officer in an effort to strengthen enforcement of companies using digital tools to flout competition rules. 4 … Promoting Competition Bulletin July 2020. Available at: 6 The UK is considering adopting parts of incoming EU competition rules designed to empower competition authorities in an effort to reduce the future enforcement gap between the CMA and EU competition authorities. Competition And Markets Authority Criticised in Sport Cases See: Simon Zekaria “5 In the energy, rail, water, aviation and financial services markets, both the CMA and the relevant sector regulator may enforce competition law. Search. Case 50223 4 1.
INTRODUCTION AND EXECUTIVE SUMMARY 1.1. Behavioural competition cases that were in the exclusive jurisdiction of the European Commission may also fall under the jurisdiction of the CMA. This website uses cookies to enhance the user experience. As for competition enforcement, transitional agreements on the allocation of existing and post-Brexit investigations and remedies must be clear.To deal with the expected post-Brexit caseload, the CMA has been allocated £2.8m extra funding each year from 2018.1 For example, in 2015 the CMA imposed fines of £735,000 on a number of estate agents which had entered into anticompetitive arrangements restricting the advertising of fees. See Simon Zekaria, “How we use cookies. See the CMA’s Annual report on concurrency. The caseload is set to grow in the New Year – the CMA promises a minimum of six new enforcement investigations.Increasing competition in specific markets is a priority. The CMA will focus on developing a deeper understanding of the digital economy and how consumers and businesses interact within it. The Competition and Markets Authority (“CMA”) will have a larger caseload in 2018, with six new competition investigations and up to four market investigations. The authority, set up in 2014 to replace the Competition Commission, to eliminate anti-competitive practices in business, has ruled that they will not interfere when it comes to the role of recognised governing bodies exerting a monopoly over their own sport business. It is time the Government stopped funding quangos like the CMA and Sport England, and let the marketplace start working properly. Background: Ryanair acquired it's 29.8% stake in Aer Lingus during the years 2006/07. Read more of Predictive coding: how technology could help to streamline cases. Competition and Markets Authority (CMA) (formerly the Competition Commission (CC)).
The CMA is looking for more cases against small and medium sized businesses and in smaller markets across the UK. It will explore ways of simulating parts of the online market to provide better solutions for problems encountered when buying online (4).The CMA seeks closer relationships with partners, both at home and abroad, to ensure competition law is applied effectively. As a result, the CMA can expect a significantly increased workload as it takes on larger and more complex cases.